B#3 Distribution

Benchmark 4-B:

analyze and evaluate how economic systems impact the way individuals, households, businesses, governments and societies make decisions about resources and the production and distribution of goods and services:

#3 Standards with Test Item Specifications:

Understand the distribution and characteristics of economic systems throughout the world, to include: (e.g., characteristics of command, market, and traditional economies; how command, market and traditional economies operate in specific countries; comparison of the ways that people satisfy their basic needs through the production of goods and services)

Sample Question:

Mia lives in a country where the citizens can decide where to work, decide what to buy, and how much to pay for an item. Based upon this description, Mia’s country of residence most likely operates under which type of economic system?

A. market*

B. traditional

C. command

D. capitalism