Economics Practice quiz: economic systems

You have two cows and give one to your neighbor
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
You have two cows and the government takes both and gives you the milk
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
You have two cows, you sell one and buy a bull
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
Economic system that is based off of traditions, customs and rituals
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
Economic system where the government of central authority makes all the decisions
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
Economic system where decisions are made by individuals
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
Economic system that displays characteristics of other systems
Capitalism
Communism
Traditional economy
Command economy
Market economy
Mixed economy
Socialism
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