Economic Systems Review (Consumer)
Authored by Amy Beetstra
Life Skills, Business
11th - 12th Grade
Used 20+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of economic system revolves around family and traditions
Command
Traditional
Market (Mixed)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The government decides what will be produced.
Command
Traditional
Market (Mixed)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This economic system is the most flexible
Command
Traditional
Market (Mixed)
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The government has a role, but it is limited
Command
Traditional
Market (Mixed)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Custom, ritual, or habit determines what is produced
Command
Traditional
Market (Mixed)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consumers are free to buy whatever they choose as long as they follow government regulations.
Command
Traditional
Market (Mixed)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People have very little incentive to be efficient or innovative.
Command
Traditional
Market (Mixed)
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