Week 19: Markets

Last updated almost 6 years ago
12 questions
1

What is a free market economy? (Living in a Free Market Economy)

1

In the example of the oranges, why did the price of oranges increase? (Living in a Free Market Economy)

1

When supplies of a good do not change often, how is the demand affected? (Living in a Free Market Economy)

1

What is it called when you exchange goods or services with someone in exchange for other goods and services? (Technology and the Free Market)

1

In ancient times, people gathered together to buy, sell, and trade goods and services. Where would they gather to do that? (Technology and the Free Market)

1

What has happened in the past twenty years that has changed the marketplace? (Technology and the Free Market)

1

How might a drought affect the supply and demand of organic crops? (Government Rules Affect What We Pay)

1

Another word for a buyer is a ______.

1

The number of people that want goods that are in supply is called _____.

1

Food products and things people want or _____.

1

Items people make or grow are ______.

1

The way a country makes and uses money, goods, services, and natural resources is called the _________.