In this type of economy, things are done the same way they have been done for generations.

Module 10 Test Review

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium

Lindsey Douglass
Used 5+ times
FREE Resource
42 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Traditional economy
Command economy
Market economy
Mixed economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this type of economy, the government decides how much is produced and who gets what.
Traditional economy
Command economy
Market economy
Mixed economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Socialism is an example of which type of economy?
Traditional economy
Command economy
Market economy
Mixed economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of economy is not likely to experience growth because things rarely change.
Traditional economy
Command economy
Market economy
Mixed economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy relies strictly on private ownership of business and decisions are made based upon the wants and needs of the people?
Traditional economy
Command economy
Market economy
Mixed economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy does the United States have?
Traditional economy
Market economy
Command economy
Mixed economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of economy says that people can own their own business, but the government is going to put rules on what they can and cannot do?
Traditional economy
Command economy
Market economy
Mixed economy
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