Answer the following questions. You will receive immediate feedback when you select your answer or when you click on the green check mark (). When you are finished, click the How Did I Do? button to see your score.

1. Name and define the three main types of economies.
   
   

2. Which economies are typically poorest?
   
   

3. Which economies are typically richest?
   
   

4. What changes have occurred in the economies of countries that were once part of the Soviet Union?
   
   

5. What main type of economy is found in the US?
   
   

6. Name some aspects of the US economy that are also found in command economies.
   
   

7. What does the term GDP mean?