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

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