Sumlin's Economic Systems Quiz 2020

Sumlin's Economic Systems Quiz 2020

6th - 7th Grade

14 Qs

quiz-placeholder

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Sumlin's Economic Systems Quiz 2020

Sumlin's Economic Systems Quiz 2020

Assessment

Quiz

Social Studies

6th - 7th Grade

Medium

Created by

Gerrilyn Sumlin

Used 29+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic system allows the most economic freedom?

mixed

market

command

traditional

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The former Soviet Union, Cuba and China are examples of what economic system?

traditional

market

mixed

command

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the THREE economic questions?

When to produce, how to produce and for what people?

What to produce, how to produce and for whom to produce?

What to produce, how to produce and when to produce?

How to produce, when to produce and for what reason?

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic system has the most government control?

market

mixed

traditional

command

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic system is based upon customs, beliefs and the past?

traditional

market

command

mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is scarcity?

Unlimited wants and unlimited resources

Unlimited wants, but limited resources

An economic system

Large supply of needs and wants

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is NOT an economic system?

Command

Market

Mixed

Communist

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