Econ Study Guide Chapters 2 and 3

Econ Study Guide Chapters 2 and 3

11th Grade

45 Qs

quiz-placeholder

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Econ Study Guide Chapters 2 and 3

Econ Study Guide Chapters 2 and 3

Assessment

Quiz

Other

11th Grade

Easy

Created by

Annette Reichert

Used 1+ times

FREE Resource

45 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

level of economic prosperity

standard of living

economic system

standard of living

economic system

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

sell state-run firms to individuals

transition

privatize

transition

privatize

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

method used by a society to produce and distribute goods and services

economic system

economic system

product market

product market

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

one's own personal gain

standard of living

standard of living

self-interest

self-interest

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

government programs that protect people experiencing unfavorable economic conditions

interest group

safety net

interest group

safety net

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

political system characterized by a centrally planned economy with all economic and political power resting in the hands of the central government

communism

socialism

communism

socialism

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

belief that the government should not intervene

laissez faire

laissez faire

public disclosure laws

public disclosure laws

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