Market Vs. Command Economy
Authored by Clayton Young
Social Studies
5th - 8th Grade
Used 35+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Market Economy
System in which economic decisions are made by tradition and customes
System in which economic decisions are made by the government
System in which economic decisions are made by supply and demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Traditional Economy
economic decisions are made by tradition and customs
economic decisions are made by supply and demand
economic decisions are made by the government
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Command Economy
economic decisions are made by the government
economic decisions are made by supply and demand
economic decisions are made by tradition and customs
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Examples of Command Economy
China, North Korea, Russia
UK, US, Hong Kong
Brazil, Australia
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Examples of Market Economy
US, UK, Hong Kong
China, North Korea, Russia
Syria, Saudi Arabia
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Scarcity
a lot of something
not enough of something
to be afraid
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
economy
the flow of wealth, goods, and services in a country
not enough of something needed
type of government system
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
