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Teams
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15
×
What economic system focuses on the goal of freedom?
Market
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15
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What economic system focuses on the goal of equity?
Command
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trap
No points!
Oops!
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gift
Win 15 points!
Okay!
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shark
Other team loses 15 points!
Okay!
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thief
Give points!
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25
15
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An economic system that allow businesses to make all decisions without government interference.
Market
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thief
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25
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shark
Other team loses 25 points!
Okay!
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gift
Win 20 points!
Okay!
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banana
Go to last place!
Oops!
15
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A permanent condition that exists because unlimited wants exceed limited resources.
scarcity
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15
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An economic system that is fully controlled by the government.
Command
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15
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Land, tools and factories are privately owned in this economic system.
Market or mixed
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15
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A chef, policeman, and waitress are examples of _________ resources.
human
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eraser
Reset score!
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seesaw
Swap points!
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fairy
Take points!
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25
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baam
Lose 25 points!
Oops!
15
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Investments in human capital lead to a higher...
standard of living
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15
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Consumers may buy or not buy goods and services in this economic system
Market or mixed
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Workers can bargain for higher wages in this economic system.
Market or mixed
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15
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What economic system focuses on the goal of security?
mixed
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trap
No points!
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gift
Win 15 points!
Okay!
×
fairy
Take points!
5
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20
25
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thief
Give points!
5
10
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25
15
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Name one way of allocating resources
price, lottery, contest, force, first-come-first-serve, majority rule, sharing, authority, personal characteristics
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