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☆☆☆☆☆Cards in this guide (15)
What is the average price of porcelain dolls in 1990
About £10.00
What is the potential costs of scarcity and choice
Describe the potential costs of both scarcity and choice.
Which of these is not true about Europe in the 1500s
towns developed because of an enonomy based on external trade
Where is the US mixed economy on the economic spectrum
in the middle, but close to the capitalism.
What describes the extreme left of the economic spectrum
there is a total central planning.
Which type of economy has a socialistic view of society
traditional
What is studied in the field of economic history
historical perspective of economic treds
Which of these describes the far right of the economic spectrum
the government has no direct influence
What does not describe the changes in western Europe in the second half of the eleventh century
The decline in population.
In a socialist economy how are the basic problems of scarcity and allocation of limited resources addressed
By production for use or need.
Cities along coastlines would commonly produce which item as their primary source of income
small fish for the canned food industry
Which of these describes anarchy
complete absence of government
Which of these is recognized as the foremost communist government in the world today
people's republic of china
“ What is the difference between a pure market economy and a mixed-market economy “
In a mixed-market econom, the government imposes regulations on the production of goods and services.
“Which of these does not describe how the Greek government regulated the economy of Ancient Greece “
It placed taxes on the purchase of all goods
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