Economies of Europe
Presentation
•
Geography
•
6th Grade
•
Practice Problem
•
Medium
Rob Gourlay
Used 44+ times
FREE Resource
13 Slides • 7 Questions
1
Multiple Choice
What is the definition of Scarcity?
The limited supply of something.
The unlimited supply of something.
There is enough for everyone to have have everything.
The source of the power of the government.
2
Multiple Choice
Which of the following is Not one of the Three Economic Questions?
What to produce?
How to produce?
For whom to produce it for?
What to produce it with?
3
4
5
Multiple Choice
In this type of economy, the customs and traditions of the past are used to answer the Three Economic Questions.
Traditional Economy
Command Economy
Market Economy
Mixed Economy
6
Multiple Choice
In this type of economy, the government answers all three of the economic questions.
Traditional Economy
Command Economy
Market Economy
Mixed Economy
7
Multiple Choice
In this type of economy, the buyers and sellers answer the three economic questions.
Traditional Economy
Command Economy
Market Economy
Mixed Economy
8
Multiple Choice
In this type of economy, the economy combines parts of Command and Market Economies.
Traditional Economy
Command Economy
Market Economy
Mixed Economy
9
Multiple Choice
This tool is used to determine how much government involvement there is in the economy. It can be represented as a number line with 0 representing Pure Command and 100 representing Pure Market.
Economic Continuum
Economic Numberline
Economic Freedom Score
10
Economies of Germany, Russia, and the UK.
11
12
Germany has an Economic Freedom Score of 72.1 making it a mostly free economy.
Gross Domestic Product (GDP): $5.4 Trillion
Germany's Economy
13
Health Care
Education
Insurance
Banks
Telecommunications
Germany's Government Owns:
All other industries
Privately Owned
14
15
Russia's Government still owns important industries and heavily regulates other industries. This is the reason the they have an Economic Freedom Score of 52.
Russia's GDP is $4.8 Trillion.
Russia's Economy
16
Education
Health Care
Energy Sectors
Regulates Oil and Natural Gas Companies
Banks
Television/Media Outlets
Russia's Government Owns:
Oil and Natural Gas
All other Industries
Privately Owned:
17
18
The UK's Economy has seen more government involvement in recent years. Their Economic Freedom Score has gone from a 78.4 to 68.6.
This is part due to the government having to regulate industries that were previously regulated by the EU.
GDP: $3.7 Trillion
The UK's Economy
19
Education
Some Banks
Owned by the UK
All other industries
Some industries are heavily regulated by the government.
Privately Owned
20
Country | Economic Freedom Score | World Ranking | GDP | GDP per Capita |
|---|---|---|---|---|
Germany | 72.1 | 18 | $5.1 Trillion | $64,086 |
Russia | 52 | 131 | $4.8 Trillion | $33,253 |
The UK | 68.6 | 30 | $3.7 Trillion | $54,824 |
USA | 70 | 25 | $25.5 Trillion | $76,343 |
What is the definition of Scarcity?
The limited supply of something.
The unlimited supply of something.
There is enough for everyone to have have everything.
The source of the power of the government.
Show answer
Auto Play
Slide 1 / 20
MULTIPLE CHOICE
Similar Resources on Wayground
15 questions
Ancient Egypt and Isrealite's
Presentation
•
6th Grade
15 questions
Citing Textual Evidence/Inference
Presentation
•
6th Grade
13 questions
Natural Resources
Presentation
•
5th Grade
13 questions
Mesopotamia
Presentation
•
7th Grade
17 questions
SW Asia Political Geography
Presentation
•
7th Grade
15 questions
Reflexive and Intensive Pronouns
Presentation
•
6th Grade
15 questions
Science Variables Lesson
Presentation
•
6th Grade
15 questions
Multiply with Decimals
Presentation
•
6th Grade
Popular Resources on Wayground
24 questions
PBIS-HGMS Day 10
Quiz
•
6th - 8th Grade
10 questions
HCS SCI 03 Summer School Review 3
Quiz
•
3rd Grade
11 questions
Home Scope
Quiz
•
7th - 8th Grade
15 questions
HCS SCI 05 Summer School Assessment 3 Review
Quiz
•
5th Grade
35 questions
Lufkin Road Middle School Student Handbook & Policies Assessment
Quiz
•
7th Grade
18 questions
Geo 11.3 Area of Circles and Sectors
Quiz
•
9th - 11th Grade