Solve all this question......you will not solve all questions then I will give you down?? upvote..... Economic Systems: Communism & CapitalismThis activity is important because an economic system describes how a particular society distributes its resources to produce goodsand services. A central issue of economics is how to fulfill an unlimited demand for goods and services in a world with a limited supplyof resources. Different economic systems attempt to resolve this central issue in numerous ways.The goal of this exercise is to demonstrate your understanding between the fundamental differences between communism andcapitalism, two of the basic economic systems found in the world today, and how they address the distribution of resources.Roll over over each term on the left and read each statement describing capitalism, communism, and theaspects of an economic system. Move each box to the correct place in the chart on the right.Expensive gasMarket influenceCharity donationState Bread Co.Limited choiceResetAbundant selectionGas prices skyrocketJack's WheelsGovernment collectedConstant salesBusiness ownershipCompetitionProfitsProduct availabilityPriceCommunismCapitalism

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Expensive gas Market influence Charity donation State Bread Co. Limited choice Reset Abundant selection Gas prices skyrocket Jack's Wheels Government collected Constant sales Business ownership Competition Profits Product availability Price Communism Capitalism

Expensive gas Market influence Charity donation State Bread Co. Limited choice Reset Abundant selection Gas prices skyrocket Jack's Wheels Government collected Constant sales Business ownership Competition Profits Product availability Price Communism Capitalism

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 8P

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Solve all this question......you will not solve all questions then I will give you down?? upvote.....

Economic Systems: Communism & Capitalism
This activity is important because an economic system describes how a particular society distributes its resources to produce goods
and services. A central issue of economics is how to fulfill an unlimited demand for goods and services in a world with a limited supply
of resources. Different economic systems attempt to resolve this central issue in numerous ways.
The goal of this exercise is to demonstrate your understanding between the fundamental differences between communism and
capitalism, two of the basic economic systems found in the world today, and how they address the distribution of resources.
Roll over over each term on the left and read each statement describing capitalism, communism, and the
aspects of an economic system. Move each box to the correct place in the chart on the right.
Expensive gas
Market influence
Charity donation
State Bread Co.
Limited choice
Reset
Abundant selection
Gas prices skyrocket
Jack's Wheels
Government collected
Constant sales
Business ownership
Competition
Profits
Product availability
Price
Communism
Capitalism

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