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  • Economics Chapter 2 - Funsheet 2 - KEY

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    Mr. Powers
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    GOALS: Do not waste scarce resources Free from government interference and regulation Certainty and stability Concerned with giving participants a fair chance to succeed. Four things that a command economy opposes are: a. Private property b. Free market pricing c. Competition d. Consumer choice 4. Communism is an economic system in which the government owns all the factors of production and there is little to no political interference.

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    Chapter 2 - Funsheet 2

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    GOALS: Do not waste scarce resources Free from government interference and regulation Certainty and stability Concerned with giving participants a fair chance to succeed. Four things that a command economy opposes are: a. Private property b. Free market pricing c. Competition d. Consumer choice 4. Communism is an economic system in which the government owns all the factors of production and there is little to no political interference.

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    59 просмотров1 страница

    Economics Chapter 2 - Funsheet 2 - KEY

    Загружено:

    Mr. Powers
    GOALS: Do not waste scarce resources Free from government interference and regulation Certainty and stability Concerned with giving participants a fair chance to succeed. Four things that a command economy opposes are: a. Private property b. Free market pricing c. Competition d. Consumer choice 4. Communism is an economic system in which the government owns all the factors of production and there is little to no political interference.

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате DOC, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    ECONOMICS Chapter 2 Funsheet 2 - KEY

    Standard: SSEF4

    GOALS: Economic
    Efficiency Freedom Security & Predictability Equity Growth & Innovation

    DESCRIPTION
    Do not waste scarce resources Free from government interference & regulation Certainty & stability Concerned with giving participants a fair chance to succeed Making more & better products for more people

    1. Four things that a command economy opposes are: a. Private property b. Free market pricing c. Competition d. Consumer choice 2. Socialism is an economic system in which the government owns some or all of the factors of production. 3. Communism is an economic system in which the government owns all the factors of production and there is little to no political freedom.

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