Fill in the blank: Every country must answer the following question when developing its economic plan: What ______/services will be produced?

Let's Review - Economic Questions and Systems

Quiz
•
Social Studies
•
7th Grade
•
Easy
H Karschner
Used 27+ times
FREE Resource
91 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
goods
people
machines
laws
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: Every country must answer the following question when developing its economic plan: How will goods/services be ______?
produced
sold
priced
advertised
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: Every country must answer the following question when developing its economic plan: Who will ______ the goods/services?
consume
produce
transport
advertise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The way a country answers the three economic questions determines its economic system. Which of the following is NOT one of the economic systems mentioned?
Traditional
Command
Market
Democratic
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system answers the three economic questions based on traditional customs and beliefs of the past?
Market
Command
Mixed
Traditional
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The values and traditions in a traditional economic system have been passed down from ________ to ________.
generation to generation
teacher to student
leader to follower
friend to friend
neighbor to neighbor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Some rural villages in Asia have traditional economies where the people still follow the way of life of their ________.
ancestors
neighbors
teachers
friends
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