Chapter 1 Test Review: Economic Decisions and Systems
Quiz
•
Other
•
9th - 11th Grade
•
Practice Problem
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Hard
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A command economy is when the government is in control.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following countries has a command economy?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy, individuals own the businesses.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A mixed economy is a combination of traditional and command economies and black markets.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an economic system characterized by central authority that makes most of the major economic decisions?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy does the US have?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a market economy, ____________ decides what needs to be made.
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