Economics Review
Quiz
•
Geography, Social Studies
•
9th Grade
•
Practice Problem
•
Medium
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What part of the economic spectrum would you find North Korea?
On the left
On the right
In the middle
It is traditional so it is not on the spectrum
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What part of the economic spectrum would you find the United States?
On the Left
On the Right
In the Middle
It i not on the line it is traditional
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where would you find a people from the Amazon rain forest on the economic spectrum?
On the left
On the right
in the middle
Not on the line it is traditional
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Justin wants to open a business that sells underwear and his underwear is the best in the world according to the New York Times. Justin is now the third richest man in the world. Which economic system is the country that Justin lives in?
Communsim
Socialism
Free Market
Traditional
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nationalization is to _________________ as Privatization is to Capitalism.
Free Market
Socialism
Traditional
Communism
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the government subsidizes part of your income and you are able to get food stamps and fly on the National airlines. But you are still able to open a business what kind of Economic system do you live in?
Mixed economy
Free market economy
Command Economy
Traditional economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Using the map and your knowledge of globalization which country would be the most poor?
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