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Economic Systems Review

Quiz by Sara K

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4 questions
Show answers
  • Q1
    How are economic transactions shaped in a traditional economy?
    by the government
    By elders and ancestors in a tribe
    buyers
    sellers
    30s
  • Q2
    Which of the following is not a natural resource?
    water
    workers
    oil
    soil
    30s
  • Q3
    A factory is an example of a capital resource
    false
    true
    30s
  • Q4
    what would not be an example of a factor of production?
    wood
    tools
    factory worker
    A new xbox
    30s

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