Economic Systems Differ from One Another Based on Who Owns

question 36

Multiple Choice

Economic systems differ from one another based on who owns the factors of production and

• A) how many resources are available in the economy and where they are located.
• B) how economic activities are coordinated and directed.
• C) what kinds of products are produced in the economy and how they are sold.
• D) how big the population is and the makeup of the population.

---

Definitions:

Rotary International

An international service organization that brings together business and professional leaders to provide humanitarian service and to advance goodwill and peace around the world.

Circulatory System

Organ system consisting of a heart or hearts and vessels that distribute circulatory fluid through a body.

Tracheal Tubes

A system of air-filled tubes in insects and some other arthropods that allow for gas exchange directly with body cells.

Spiracles

Small openings found on the surface of some animals, such as insects and spiders, that lead to their respiratory systems.