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Economics

Authored by Andrew Bilbrey

History, Social Studies

5th - 7th Grade

Used 1K+ times

Economics
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15 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Buyers and sellers make the decisions.

Traditional

Communist

Free Enterprise System

Socialist

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Supply and demand determines how much an item costs.

Traditional

Communist

Free Enterprise System

Socialist

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which type of economy is based on traditions and beliefs?

Command
Market
Traditional
Mixed

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which type of economy is usually paired with a Communist government?

Mixed
Market
Command
Traditional

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which type of economy is run by the businesses & business owners?

Command
Mixed
Communist
Market

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of economy does the USA have?

Mixed
Market
Command
Traditional

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Types of shelter, language and entertainment are all examples of what?

government

geography

culture traits

universal studios

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