SW Week 28: Economic Systems
Quiz
•
Social Studies
•
4th Grade
•
Hard
Sara Diaz
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A/an __________ system is the way communities and governments organize resources, goods, and services.
government
ecological
economic
geologic
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Agriculture is the main factor in what type of economy?
traditional
market
command
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When the government controls economic activity, it is called a __________ economy.
traditional
market
command
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A/An __________ is something that is offered to people to help them make a decision about goods and services.
economic system
market system
economic incentive
market incentive
5.
MULTIPLE SELECT QUESTION
1 min • 4 pts
Which are examples of positive economic incentive?
discounts
coupons
cash back
reward points
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An example of a negative economic incentive is a...
coupon
membership
fine
monopoly
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Two partners independently own a business that repairs bicycles. They are an example of what kind of economy?
free market
capitalism
command
traditional
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