Ce

Ce

8th Grade

25 Qs

quiz-placeholder

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Assessment

Quiz

Social Studies

8th Grade

Practice Problem

Hard

Created by

John Robinson

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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The picture shows how financial institutions act as intermediaries between savers and borrowers by -

Discouraging saving and investing

Receiving deposits and making loans

Spending money that is deposited

Charging interest on savings

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The buying and selling of goods and services by all nations in a worldwide market is called -

globalization

NAFTA

Interdependence

Megalopolis

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which action best completes the graphic?

Sell real estate

Coin money

Sell home insurance

Make loans

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

True or False: Free enterprise means that markets are allowed to operate without undue interference from the government. Also, prices are determined by supply and demand.

True

False

5.

DRAG AND DROP QUESTION

1 min • 1 pt

Media Image

Who became president after Abraham Lincoln was assasinated? (a)  

Andrew Jackson

Andrew Johnson

Ulysses S. Grant

James K. Polk

6.

MATCH QUESTION

1 min • 2 pts

Media Image

Match the economic systems to its characteristics or meaning.

Centrally owned by the government

Traditional economy

Private sector, profit, and minimal gov.

Command economy

Customs, family, and historical basis

Mixed economy

Public and private sectors

Free Market

7.

DRAG AND DROP QUESTION

1 min • 1 pt

Media Image

The​ ________ of the branch of the U.S. Government carries out the law.​ (a)  

Executive Branch

Legislative Branch

Judicial Branch

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