Understanding Economy and Government

Understanding Economy and Government

Assessment

Flashcard

Social Studies

6th Grade

Hard

Created by

Wayground Content

FREE Resource

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12 questions

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1.

FLASHCARD QUESTION

Front

What is a characteristic of a market economy?

Back

Prices are determined by supply and demand

2.

FLASHCARD QUESTION

Front

In a command economy, who makes the major economic decisions?

Back

The government

3.

FLASHCARD QUESTION

Front

Which of the following is a role of the government in a mixed economy? Owning all businesses, Setting prices for all goods, Eliminating all taxes

Back

Protecting consumers and producers

4.

FLASHCARD QUESTION

Front

In a democracy, how are leaders typically chosen?

Back

By voting in elections

5.

FLASHCARD QUESTION

Front

What is a key feature of an autocracy?

Back

A single person holds all the power

6.

FLASHCARD QUESTION

Front

What is the main goal of a traditional economy?

Back

To follow customs and traditions

7.

FLASHCARD QUESTION

Front

In a democracy, what is the role of the citizens?

Back

To participate in decision-making

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