What is the primary force that determines the distribution of goods and services in a free enterprise system?
Econ Systems & Market Forces

Quiz
•
Geography
•
9th Grade
•
Hard
Noah Burrows
Used 8+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government regulations
Consumer demand
Central planning
Tradition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What characterizes a market economy?
Central planning by the government
Distribution based on tradition
Supply and demand determining prices and distribution
Equal distribution of goods to all citizens
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of a traditional economy?
High levels of government intervention
Decisions made based on customs and traditions
Free market competition
Central planning by a communist party
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are prices determined in a free enterprise system?
By the government
Through central planning
By supply and demand
Based on tradition
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy, who decides what goods and services are produced?
Individual consumers
The market
The government or central authority
Traditional leaders
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of competition in a free enterprise system?
It is discouraged by the government.
It does not exist.
It drives innovation and keeps prices down.
It is regulated by traditional customs.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which agricultural practice is most likely to be found in a community focused on meeting its own food needs rather than generating profit?
Commercial agriculture
Subsistence agriculture
Industrial farming
Biodynamic farming
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the scale of production in subsistence agriculture compare to that of commercial agriculture?
Subsistence agriculture produces more goods for international trade.
Commercial agriculture focuses on local consumption rather than export.
Subsistence agriculture aims to meet the needs of the local community, while commercial agriculture targets larger markets.
There is no significant difference in the scale of production between the two.
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a primary difference between cottage industries and commercial industries in terms of labor?
Cottage industries primarily employ family members, while commercial industries rely on a larger workforce.
Commercial industries use only skilled labor, whereas cottage industries do not.
Cottage industries have a higher labor cost than commercial industries.
There is no significant difference in the type of labor used by both.
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