Economic Systems Quiz
Authored by Andrea McPhall
History
8th Grade
Used 4+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The former Soviet Union was an example of what kind of economic system?
Command
Market
Mixed
Traditional
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system allows for the most individual freedom?
Command
Market
Traditional
Mixed
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which economic system does the government have the most control?
Market
Mixed
Command
Traditional
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which economic system do individuals do things based on customs & beliefs?
Command
Market
Mixed
Traditional
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the economic system of most communist countries?
Traditional
Command
Market
Mixed
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do traditional economies exchange goods?
using currency
writing a check
bartering
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is closest to a true Market economy?
U.S.
Germany
Australia
Austria
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