Online teaching



To use this application you need to install and activate Adobe Flash Player


Get Adobe Flash player .













































































































Section 2 review

Author: Sutton Mary
Description:
Keywords: , , , , , , online teaching

Content:
Definitions:
0. Command Economy
1. Karl Marx
2. Proletariat
3. Economic System
4. Mixed Economy
5. liberalization
6. Adam Smith
7. Socialism
8. Quotas
9. Market Economy
10. laissez-faire
11. Traditional Economy
12. competition
13. market
14. tariff
15. economic freedom

Answers:
0. place were goods/ services freely exchanged
1. incentive for others to lower price
2. money handed out
3. Government controls what, how, and for whom to produce.
4. Wrote %27Wealth of Nations%27 Father of Capitalism
5. right to choose
6. Way a society organizes and produces goods/ services
7. less strict
8. Consumers determine what to produce and businesses decide how/whom
9. Government minimizes interference
10. imposed fee
11. Workers according to Karl Marx
12. Only earn enough to stay alive
13. Consumers, businesses, and government work together.
14. Wrote %27Communist Manifesto%27
15. Every decision is based off of custom or habit.
.