SS6E1 Economic Systems

SS6E1 Economic Systems

6th Grade

18 Qs

quiz-placeholder

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SS6E1 Economic Systems

SS6E1 Economic Systems

Assessment

Quiz

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6th Grade

Practice Problem

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Created by

Suzanne Knight

Used 14+ times

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18 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which characteristic BEST describes Mexico's economy?

Traditional
Command-leaning
Market-leaning
Pure Market

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which countries government has the most control of their economy?

Mexico

Brazil

Cuba

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following best describes Brazil's economy?

Prices and wages are solely regulated by the country’s government.

A slightly market-leaning mixed economy

The country’s distribution of resources is based on inheritance.
All economic decisions are based on customs and beliefs of ancestors.

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Why are most economies referred to as “mixed economies”?

There are not any traditional economic systems left.
Government planners no longer have complete control over command systems.
Economic poverty is too great in a pure market system.

Most countries have traits of both market and command economies.

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

True or False?

Living in a pure market economy would be just as difficult as a pure command economy because pure market economies have no rules or regulations about trade.

True

False

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

True or False?

Most countries in the world are pure market economies.

True

False

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The economies of Mexico and Brazil can be best described as:

Market

Traditional

Command

Mixed

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