Economic Systems

Economic Systems

9th Grade

22 Qs

quiz-placeholder

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Economic Systems

Economic Systems

Assessment

Quiz

Social Studies

9th Grade

Hard

Created by

Kanika Thomas

Used 1+ times

FREE Resource

22 questions

Show all answers

1.

DROPDOWN QUESTION

2 mins • 1 pt

The four types of economic systems are: (a)  

Traditional, Command, Mixed, Communist
Traditional, Command, Market, Mixed
Communism, Capitalism, Market, Mixed
Market, Capitalism, Mixed, Traditional

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A command economy is when the government makes all economic decisions.

True
False

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is an economic system in which the government and people are used to decide how to use scarce resources?

Market economy

Command economy

Traditional economy

Mixed economy

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is an economic system in which economic decisions are made according to tradition & culture?

Market economy

Command economy

Traditional economy

Mixed economy

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is an economic system where only the government makes the economic decisions?

traditional economy

free enterprise

mixed economy

command economy

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What type of economy do most countries in the world have?

Market economy

Command economy

Traditional economy

Mixed economy

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?

Traditional

Market

Command

Centrally Planned

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