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Cold Read - Economic Systems: Canada

Last updated almost 4 years ago

18 questions

NOTE:  Your teacher may assign these sections to be completed on paper or as part of a class discussion.

NOTE:  Your teacher may assign these sections to be completed on paper or as part of a class discussion.

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NOTE: Your teacher may ask you to answer this question on paper or to participate in a class discussion.

Question 1

1.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 2

2.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 3

3.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 4

4.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 5

5.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 6

6.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 7

7.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 8

8.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 9

9.

A   traditional economy

B    wage

C   free enterprise

D   command economy

E   production quota

F   subsistence

G   market economy

H   entrepreneurship

I    bartering

Question 10

10.

A

B

C

D

Question 11

11.

A

B

C

D

Question 12

12.

A

B

C

D

Question 13

13.

A

B

C

D

Question 14

14.

True

False

Question 15

15.

A

B

C

D

Question 16

16.

A

B

C

D

Question 17

17.

A

B

C

D

Question 18

18.

Which of the following are the three most important questions an effective economic system should answer?

When to produce goods and services?

What to produce?

How to produce?

What time to produce?

For whom to produce?