Economics Quiz

Which of the following is NOT a question to ask of an economic system?
What to produce?
When to produce?
How to produce?
For whom to produce?
Who primarily controls a command economy?
Citizens
Both
Government
Chattco
Who primarily controls a market economy?
Citizens
Both
Government
Chattco
Who primarily controls a mixed economy?
Citizens
Both
Government
Chattco
What kind of economy exists in the United States?
Command
Market
Mixed
Democracy
Which is NOT a natural resource?
Oil
Water
Stone
Paper
What does the term "laissez-faire" mean?
Hands-off (no gov. regulation)
Have a nice day!
Hands-on (more gov. regulation)
Dictatorship
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