What is an economic system?
Power and Trade Quiz

Quiz
•
Other
•
9th Grade
•
Medium
Lyndsay Lockhart
Used 15+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of government system
A form of entertainment
A way in which a society organizes the production, distribution, and consumption of goods and services.
A method of communication
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name the three types of power.
political, social, economic
physical, political, electrical
social, political, feudalism
socialism, physical, political
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What can political power be used for?
It can be used to support initiatives to support renewable resources.
It can be used to pass legislation that helps people access educational funding programs.
It can be used to push your own views onto your constituents.
It can be used to gain a social media following
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is social power?
When influencers go to a convention together.
Social power being used selfishly.
Using your social power to persuade others to influence others and have an effect on a situation.
The power to get a social following and gain fame.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define trade.
Trade refers to the transportation of goods and services, while commerce refers to the storage of goods and services.
Trade involves the exchange of goods and services.
Trade is the same thing as commerce.
Trade is only the exchange of goods.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the benefits of international trade?
Decreased economic growth, limited access to goods and services, higher prices for consumers, job loss, and strained international relations.
No benefits at all.
Increased economic growth, access to a wider range of goods and services, higher prices for consumers, job loss, and strained international relations.
Increased economic growth, access to a wider range of goods and services, lower prices for consumers, job creation, and improved international relations.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is scarcity?
The economic concept of abundant resources and unlimited wants and needs.
The economic concept of no resources and unlimited wants and needs.
The economic concept of unlimited resources and limited wants and needs.
The economic concept of limited resources and unlimited wants and needs.
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