SW Week 28: Economic Systems

SW Week 28: Economic Systems

4th Grade

10 Qs

quiz-placeholder

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SW Week 28: Economic Systems

SW Week 28: Economic Systems

Assessment

Quiz

Social Studies

4th Grade

Hard

Created by

Sara Diaz

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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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