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Team 2
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Teams
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trap
No points!
Oops!
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magnet
Take 5 points!
Okay!
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fairy
Take points!
5
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25
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lifesaver
Give 25 points!
Oops!
15
×
The study of resources distributed for the production of goods and services within a social system is called
economy
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15
×
The free enterprise system can work within one economy system. Name it
Capitalism
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15
×
Marketing main focus is the ...................
costumers
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15
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Who is the founder of communism?
Karl Marx
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15
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"most businesses are owned and operated by the government" applies to which economy?
Communism
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20
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Name three economic systems.
1. Communism 2.Capitalism 3. Socialism 4. Mixed economies
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lifesaver
Give 25 points!
Oops!
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fairy
Take points!
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25
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rocket
Go to first place!
Okay!
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thief
Give points!
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20
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What is the difference between wants and needs?
(Wants) things that you do not have, but would like to have. (Needs) things that you must have in order to survive
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15
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If a business fails to make a profit the one who have the most to lose is .......
the owner
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20
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What does free market system means?
All economic decisions are made without the interference of the government.
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thief
Give points!
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25
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shark
Other team loses 10 points!
Okay!
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fairy
Take points!
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25
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thief
Give points!
5
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25
15
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Name 2 Capitalist Countries
USA , Canada , Japan , Australia
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15
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The primary goal of all businesses is ........
Profit
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15
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There are two types of businesses. what are they?
Products & services
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15
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Name one socialist country
Denmark
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