Different countries have different economic systems. We are going to talk about ___ economic systems.
CE11b - Economic Systems

Quiz
•
History
•
8th Grade
•
Medium
Thomas Martz
Used 18+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
one
two
three
four
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Basic question of economics is what, how and for whom will goods and services be....
consumed
produced
allocated (spread out)
all of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One economic system deals with people performing the same type of work as their parents and grandparents. This is a _____ economy.
free market
traditional
command
mixed
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this economy, the govt is boss in the private sector and the govt is also dominant in the public sector.
traditional
free market
mixed
command
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This nation's economy is a Command economy.
Britain
Chad
North Korea
Brazil
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a Command economy, all economic decisions are centrally planned. Centrally planned equals the ____.
consumer
individual
govt
wealthy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this economy, the govt is dominant in the public sector while individuals and businesses control the private sector.
Command
Traditional
Mixed
Free Market
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