Lessons 6-8 Quiz

When two countries trade with each other, this type of trade is known as...

• Foreign Trade

• Domestic Trade

• Civil Trade

• Comparative Trade

Which of the following is NOT a type of economy?

• Traditional Economy

• Market Economy

• Mixed Economy

• Direct Economy

A club is having a candy sale to raise money. On Monday, they brought 100 pieces of candy to sale. The library was also giving out candy for any student who completed a survey. Which was lower on this day for the club who was trying to sale candy?

• Supply

• Demand

_____________ are businesses who make and sale goods while ________________ are the people who buy them.

• Producers, consumers

• Consumers, producers

• Consumers, economy

• Producers, economy

_________________ trade is trade within the same country while _______________ trade is trade that happens between different countries.

• Foreign, domestic

• Domestic, foreign

• Domestic, regional

• Foreign, regional

Which one would cost you more money in the long run?

• Gift Cards

• Cash

• Credit

According to the diagram, which state is contributing THE MOST towards U.S. GDP?

• New York

• Texas

• Floridia

• California

Government is a group of ________ who have power to make and enforce _____ for an area.

• Laws, people

• Taxes, laws

• People, taxes

• People, laws

What puts limits on the power that a government has?

• Constitution

• Tariff

• Productivity

• GDP

If this leader is a king, then what type of government does this country have?

• Theocracy

• Representative Democracy

• Democracy

• Monarchy