The Market Economy Worksheet p.1 A. Review. Read each scenario. Match each label with the example that illustrates it. B. Motivated? For each example, circle if the person or business has an incentive to act and circle iftheydon’t. C. A Circular Flow. There is a circular flow of interaction between consumers and producers in the market .
The Market Economy Worksheet p.1 A. Review. Read each scenario. Match each label with the example that illustrates it. B. Motivated? For each example, circle if the person or business has an incentive to act and circle if they don’t. C. A Circular Flow. There is a circular flow of interaction between consumers and producers in, The fourth version of The Market Economy Worksheet Answer Key is provided below. The process outlined in this fourth version is very similar to the previous version, but it is specifically geared towards questions where the answer is going to be a multiple choice one. The fifth version of The Market Economy Worksheet Answer Key is provided below.
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market economy . producers are free to decide what to produce, and consumers are free to buy whatever they need and want. market . the entire activity of buying and selling that takes place out in the world. profit. the financial gain received by selling something for more than it cost to make it.
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DISTRIBUTE the worksheets to the class. ASSIGN the worksheets and allow time for the class to complete them. Review answers . CLOSE by asking students to look at the Advance Organizer again. Ask them to identify ONE thing they learned from the lesson that describes how two of the categories (Money, Banks, Loans) relate to each other.
Start studying 6 Traits of a Market Economy . Learn vocabulary, terms, and more with flashcards, games, and other study tools.
