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[DOC File]Economic Systems – Comparison Chart
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1. 1. 1. 1. 2. 2. 2. 2. Disadvantages . of this type of system? 1. 1. 1. 1. 2. 2. 2. 2. Place a check mark in the column of the type of economic system that the statement describes. Statement Traditional Command Free Market Cuba and North Korea have this type of system. Everyone does what people in his or her family have done.
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[DOC File]Economic Systems/Opportunity Costs Worksheet
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Economic Systems/Opportunity Costs Worksheet. Part I: Using the definitions of the following types of economies, match the statement to the proper type of economy. Command Market Mixed. 1. Everyone knows which role to play. 2. The primary weakness is dealing with the FOR WHOM question. 3.
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[DOC File]ANSWER KEY
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Locate information about how each economic system answers the 3 basic economic questions: TRADTIONAL. SYSTEM COMMAND. SYSTEM MARKET . SYSTEM WHAT TO PRODUCE? By custom – whatever. was produced in the past The government decides what should be produced. The government owns most of the means of production. Consumer choices dictate the success of
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[DOC File]Teacher Guide & Answers - Glencoe
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4. about 1/2 meter. 5. about 1 mm. 6. Answers will vary. 7. Student B’s is more accurate because it is closer to the true value. 8. It is precise to the nearest hundredth of a. centimeter. 9. 10 cm. 10. 9.8 cm. Section 2 (page 28) 1. gram or kilogram, pan balance. 2. degrees Celsius or Kelvins, thermometer.
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[DOC File]Comparison of Economic Systems
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Comparison of Economic Systems. Define Economics: What are the three questions all economic systems answer? Word Bank: Laissez Faire government (2) private property entrepreneurs companies inequality programs. exploitation (suffering) monopolies command communism unproductive middle.
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[DOC File]Comparative Systems Worksheet - LizardFoust
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If you copy and paste answers – format text appropriately to ensure readability on final copy (suggested 8 pt. Arial font) ... 2 1.18 million 31, 200 19600 Internet Users 231 million (2008) ... Comparative Systems Worksheet ...
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[DOC File]danghistory.weebly.com
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After completing research, your team will perform a brief skit demonstrating the workings of their market economy. Skit should cover how the system answers the three basic economic questions. Add lively events to your skit such as a price war or a workers’ strike for high wages. Mixed Economies. Team will create a mixed economic system.
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[DOC File]Answers to Chapters 1,2,3,4,5,6,7,8,9 - End of Chapter ...
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Question Number Answer Level 1 Head Reference for Answer Difficulty 1 A – Feedback. Business as Open Systems M 2 B – Create processes to achieve goals. Business as Open Systems 3 A – Automate. ... Answers to Chapters 1,2,3,4,5,6,7,8,9 - End of Chapter Questions ...
economic systems worksheet answers

[DOC File]Name
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Name Economics. Economic Systems. Place a check mark in the column of the type of economic system that the statement describes. Statement Traditional Command Capitalist The United States has this type of system. Everyone does what people in his or her family have done. Central planning determines the production and distribution of goods.
economic systems worksheet answer key

[DOC File]DOT
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systems. * Explain why all countries have an economic system. * Describe and identify the three basic questions of economics. National Content Standards in Economics. Content Standard 7. Students will understand that markets exist when buyers and sellers interact. This interaction determines market prices and thereby allocates scarce goods and ...
comparing economic systems worksheet answers

2 1 economics systems worksheet answers