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joogle.com/document/d/1f6q06VRCVQCFRTXVNUM281LTDBORSYKBQ_g/cart.pm on://... G kahoot - Google Sea... K! Kahoot! | Learning... Classwork K! Log in - Kahoot! K! tems Worksheet & Tools Extensions Help
joogle.com/document/d/1f6q06VRCVQCFRTXVNUM281LTDBORSYKBQ_g/cart.pm on://... G kahoot - Google Sea... K! Kahoot! | Learning... Classwork K! Log in - Kahoot! K! tems Worksheet & Tools Extensions Help Accessibility 100% Normal text Times 12 + B I UA 1E 3 Market 1. Place an X in the column of the type of economic system that the statement describes. Statement North Korea 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. Wages are set by the market based on scarcity of labor and demand for a skill. What will sell is what is produced What meets the goals of the system is what is produced. The same tools and methods are used that have been used in past years. A central authority makes the decision about economic questions. Prices are important in economic decisions. This of system can make a dramatic change in a short time. This type of system is also called capitalism. There is little change in this type of system. This type of system allows a great deal of freedom for everyone involved. Traditional Command 2. These items are goals for some economic systems. For each one, put an X whether you agree or disagree that it is a goal of the US economic system. A Goal of the US System Goal D BE Normal text Ime's everyone involved. . 2. These items are goals for some economic systems. For each one, put an X whether you agree or disagree that it is a goal of the US economic system. Goal Increase the amount of goods and services available to consumers. Increase the standard of living. Place the government before the individual. Provide jobs for all who are willing and able to work. Provide the same income for everybody. Provide the freedom to buy goods in the marketplace. Jobs guaranteed for most people by the government. Provide financial security for people who are unable to care for themselves. A Goal of the US System Agree Disagree D M
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