Economic Vocabulary Review

Economic Vocabulary Review

6th Grade

10 Qs

quiz-placeholder

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Economic Vocabulary Review

Economic Vocabulary Review

Assessment

Quiz

Geography

6th Grade

Medium

Created by

Chris Ware

Used 23+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

These are businesses that supply the economic system.

Economic Consumer

Developed Country

Economic Producer

Traditional Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An economic system combining private and public enterprise.

Mixed Economy

Communisms

Command Economy

Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Communism

Gross Domestic Product

Developing Country

Capitalism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The total value of goods produced and services provided in a country during one year.

Command Economy

Developed Country

Gross Domestic Product

Economic Producer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The one who pays to consume the goods and services produced.

Economic Producer

Market Economy

Gross Domestic Product

Economic Consumer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An economy in which production, investment, prices, and incomes are determined centrally by a government.

Command Economy

First Level Economic Activity

Market Economy

Capitalist

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The manufacturing of natural resources.

Tier 1 Economic Activity

Traditional Economy

Tier 2 Economic Activity

Communism

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