1) What kind of economy does Canada have? a) Centrally planned b) Mixed market c) Pure market 2) What is a political system? a) Type of government by which a country is run b) State governed by all eligible members of the population c) Nations in transition from poor economy to a prosperous one d) Expanding of global interconnection 3) What is the Only Pure Market Economy in the World? a) Sweden b) Iran c) Hong Kong d) Singapore 4) True, or False: A market economy is otherwise known as Capitalism? a) True b) False 5) (True or False) Lobbying is the process through which companies or individuals attempt to influence government officials a) True b) False  6) True or False. A Democracy is ruled by a single individual or small group of people “totalitarianism” often related to autocracy. Believe that one consistent government allows decisions to be rational, to be made in the interest of the entire country rather than special groups with a long term focus a) True b) False  7) What country was run democratically? a) North Korea b) Cuba c) Vietnam d) Norway  8) How does an economic system work? a) Government run within a country b) A country organizes its resources and distributes goods and services to citizens c) Businesses, consumers, and government act independently of one another

Economic and Political systems

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