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[DOC File]Ch
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b. Consumers have little say-so in what products are available. c. It is difficult for an entrepreneur to function in a centrally planned economy. d. The centrally planned economy follows a policy of laissez faire. ____ 17. Which of the following best describes the similarities between traditional economies and centrally planned economies? a.
explain a traditional economy

[DOC File]GLOBALIZATION AND PROSPERITY
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30. What is the best explanation for why many people believe the "global economy" created by transnational corporations is preferable to a world economy based on individual nation states? A) They believe the nation state system fosters conflict, and the global economy fosters cooperation.
who controls a traditional economy

[DOCX File]www.effinghamschools.com
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Which term best describes an economic system in which the people-not the government-owns and, factories, and businesses. _____ A market economy is very different from a command economic system or a traditional system. Which of the following is found in a market economy? Free laborc. competition between businesses. Government control of industry d.
traditional economy who is it produced for

[DOC File]White Plains Middle School
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In this economy system, economic decisions are made by individuals. Individuals are free to buy and free to sell. The government does not regulate or intervene in the market. This concept is best summarized by the French term “Laissez-faire” or “Let them do as they please”. State two ways a free market differs from a traditional economy.
who still has a traditional economy

[DOCX File]Greene Primary School
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10.___ Which statement explains the role of government in the Swedish economy? A) The Swedish government maintains full control over the economy.B) The Swedish government attempts to distribute wealth.C) Sweden is making a transition toward a free enterprise system.D) Sweden is increasing regulation over the private sector of the economy.
advantages to a traditional economy

[DOC File]ECONOMY TEST
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Products made by traditional economies have no markets in the modern world. Most countries have aspects of all three economic types at work in their economies. 11. Why do most economies in the world today operate somewhere in between a market economy and a command economy? Government control always makes a market economy profitable.
traditional economy images

[DOCX File]Mrs. Marmiol's Class - HOME
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If each island specializes in what they do best, there will be more radios and wheat to go around both islands. The Caraways would have a new market for radios and the Mochan farmers would have a new market for wheat. What type of economic system do the Mochan’s have? The Mochan’s have a market economy.
pictures that represent a traditional economy

[DOC File]Purpose of Government Lesson
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Development note: bold traditional economy, command economy, and mixed economy and bullet each item. traditional economy: insert definition. command economy: insert definition. market economy: insert definition. Directions: Read the following sentences and decide whether each best describes a command, market, or traditional economy. Explain why.
what is produced in a traditional economy

Early American Democratic Principles: Practice Quiz
Although this Middle Eastern nation has gone through rapid industrialization in the past decades, the country still has many characterstics of a traditional economy. Aproximately 40% of the nation's labor force is involved in agriculture, the foundation of the social structure is based on land ownership, and many people are still practicing ...
explain a traditional economy

[DOC File]The Contributions of Management Theory and Practice in ...
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The theory of management has grown over the past one-hundred years evolving from the time and motion studies of engineers to contributions from social scientists, the Hawthorne studies and a behavioral approach to more quantitative approaches that look for the “best” or optimum functioning of an organization or “total quality management ...
who controls a traditional economy

Why a traditional economy is best