Economics Flashcards

1
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Traditional Economy

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2
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Command Economy

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3
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Market Economy

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4
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Mixed Economy

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5
Q
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Scarcity

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6
Q
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Bartering

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7
Q
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Free Enterprise

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8
Q
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Capitalism

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9
Q
A

Socialism

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10
Q
A

Supply/Demand

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11
Q
A

Human Resources

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12
Q
A

What are the three basic economic questions?

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13
Q
A

In a command economy, who makes all of the decisions?

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