Economic Systems Review
6th - 8th Grade
•45 Qs
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Economic Systems Review
Quiz
•
Social Studies
•
6th - 8th Grade
•
Practice Problem
•
Easy
Doris Martin
Used 25+ times
FREE Resource
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45 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What type of economy is there NO pure version of?
Mixed Economy
Command Economy
Traditional Economy
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is a good going OUT of a country?
Export
Import
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is a good going IN of a country?
Export
Import
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Countries should have more exports than imports.
True
False
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following is NOT a Productive Resource?
Natural Resources
Capital Goods
Human Capital
Literacy Rate
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A Decrease in Literacy Rate, causes a ____________ in Standard of Living.
Increase
Decrease
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A Increase in Literacy Rate, causes a ____________ in Standard of Living.
Increase
Decrease
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