Unit 1.4 | European Economy Review
Quiz
•
Other, Social Studies
•
6th Grade - University
•
Medium
Ryan McGuffey
Used 440+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Samuel and Abigail live in a small village where they rely on traditional skills passed down from their ancestors. They rarely use money, instead, they barter goods and services with their fellow villagers, including Benjamin. What type of economic system is this?
traditional
command
mixed
market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Grace, Evelyn, and Arjun are studying different economic systems. They learned about a system where the government controls the operation of all businesses, goods, and services provided for its citizens. What is this system called?
command
mixed
market
traditional
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this economic system, citizens own and operate businesses and services, and the government has little to no control.
market
command
mixed
traditional
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most economies on earth can be classified under this system in which the government and citizens share responsibility over the goods and services provided.
mixed
command
market
traditional
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A country's total GDP divided by its population is known as GDP per capita. This is a much more accurate representation of individual citizens' standard of living in a country.
total GDP
GDP growth rate
GDP per capita
literacy rate
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