6th CRCT Economic Review

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6
Social Studies
Economics
SS6E1ab,E5ab,E8ab
Name and describe
the 4 economic
systems.
SS6E1ab,E5ab,E8ab
Name 3 questions
every economy
must answer.
SS6E1ab,E5ab,E8ab
Explain the economic
continuum and how
countries fall on it.
SS6E1c
What type of
economic system
does Canada, Cuba
and Brazil have?
SS6E2a,E9a
How does
specialization
encourage trade?
SS6E2b,E6a,E9b
Identify 3 types of
trade barriers.
SS6E2c
What is NAFTA?
Name the 3
countries involved.
SS6E2d,E6b,E9c
Why does
international trade
need a system for
exchanging money?
SS6E3a,E7a,E10a
What is human
capital?
How does it help
the economy?
SS6E3b,E7b,E10b
How can capital like
factories, machinery, and
technology affect a
country’s economy?
SS6E3c,E7c,E10c
How do natural
resources affect a
country’s
economy?
SS6E3d,E7d,E10d
What is an
entrepreneur?
SS6E4
Define income,
spending, credit,
saving and
investing.
SS6E5c
Describe the
economy of the
United Kingdom.
SS6E5c
Describe the
economies of
Germany and
Russia. (past and present)
SS6E8c
Describe
Australia’s
economy.
The
End
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