A family that has hunted or farmed for many years is often part of a___.

Often people are not free when they live in a___.

Adam smith wrote a book about competition and the.

is a very efficient economic system.

Something that encourages people to take an action is___.

Adam smith believed governments should not be involved in.

The choices create an economy
A- between planning &commanding

B-everyone makes

C-the government makes

D-individuals make

The Inuit society provides an example of a___.

The economic system where people have a say in government but where the government owns major industries is called.
A-command economy
B-democratic economy
C-dictatorship
D-realism

A place where people come together to buy or sell is a(n)___.
A-competition
B-economy
C-incentive
D-market

In a(n) people are free to buy and sell whatever they want.
A-capitalist system
B-communist system
C-invisible hand
D-price system

The only pure economic system that really exist is a___ economy.
A-command
B-market
C-profit incentive
D-traditional