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Economic Systems and Macroeconomics (Crash Course)
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Economic Systems and Macroeconomics (Crash Course)
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14 Questions

1. How has China's economy changed in the last years?

2. How many countries have truly been communist?

3. Thomas Sowell said, There are no solutions, only...What?

4. Who wrote Das Kapital?

5. How many countries have a completely free market economy?

6. What are Karl Marx's 3 major inputs required to produce stuff?

7. What are the two types of economic systems?

8. What is the economic term used for the interaction between businesses, individuals, and the government?

9. In a free market, what decides what will be produced?

10. What is it called when a government has full control over what's produced?

11. What is the word for when companies help society or give people what they want, but it comes from the company's own self-interest?

12. What is another name for free market economy?

13. What is summed up in this single phrase: The abolition of private property?

14. In a planned economy, who controls the factors of production?

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