Economic Systems
Quiz
•
History, Social Studies
•
8th Grade
•
Medium
Eric Wimer
Used 22+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Karl Marx's book describing command economics.
"The Wealth of Nations"
"The Communist Manifesto"
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which pair of economic systems best completes this diagram?
Mixed - Traditional
Command - Traditional
Mixed - Free Market
Free Market - Command
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This list describes what type of economic system?
Command
Mixed
Free market
Barter
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the most influence in a free market economic system?
Consumers
Producers
Suppliers
Lawyers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which phrase best completes the title of this diagram?
Government Regulation
Industrial Productivity
Business Profit
Consumer Choice
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of economy is being defined?
Command
Free market
Mixed
Traditional
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is the creator of free-market economics?
Adam Smith
Karl Marx
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