Name _________________________ Class _______________ Date _______________
CHAPTER
2
VOCABULARY
Economic Systems
2
A. Riddles
Directions: Choose the correct term from the Word Bank to answer
each riddle.
1. The owner of Games Galore gets to put me in
the bank after she has paid all the bills. What
am I?
2. I become higher when many workers in a country
earn more money. What am I?
Word Bank
incentive
safety net
standard of
living
profit
3. I am a set of government programs that
provide medical care and basic income. What
am I?
4. Jumbo Superstore lowered its prices on TVs. I am the reason people
rushed to the store to buy one. What am I?
B. Writing Sentences
Directions: Write a sentence that uses one word from each pair. Use
the word in a way that shows the meaning in economics. Here are
two sample sentences that use the words regulate and regulation:
The government wants to regulate the safety of a product.
The government passed a regulation against certain chemicals.
5. compete or competition
6. privatize or privatization
7. specialize or specialization
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