Types of Economic Systems part 1

Types of Economic Systems part 1

Assessment

Passage

Social Studies

9th Grade

Medium

Created by

Jonina Titus

Used 2+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is subsistence agriculture?

A) A type of farming where crops are grown for sale

B) A kind of farming where the family eats or uses all what they raise or grow

C) A method of farming using advanced technology

D) A farming practice focused on exporting goods.

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is a characteristic of commercial agriculture?

It is a hobby

Crops are grown on a small scale

It is a business

Only one animal is raised at a time.

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What scale are crops grown on in commercial agriculture?

Small scale

Medium scale

Large scale

No scale

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is an example of a cottage industry?

Automobile manufacturing

Making and sewing fabrics

Oil refining

Steel production

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What do consumers spend money on?

Physical goods

Non-physical goods

Services

All of the above.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is an example of a service?

Smartphone

TV Repairs

Pizza

Ball

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is a physical good?

Smartphone

TV Repairs

Tennis Coach

Car Workshop

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