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Economic Systems and Factors of Production

Authored by Wayground Content

Social Studies

6th Grade

SS covered

Used 73+ times

Economic Systems and Factors of Production
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19 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Limited government involvement while applying free market concepts.

Traditional

Command

Market

Mixed

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

People do not decide what to sell or how much to charge for it.

Traditional

Command

Market

Mixed

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Which factor of production?

Café Owner

Land

Labor

Capital

Entrepreneur

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Little change or innovation.

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Government dictates how goods will be distributed.

Traditional

Market

Mixed

Command

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Factors of production depend on customs, history, beliefs & values.

Traditional

Command

Market

Mixed

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Individuals & entrepreneurs control the factors of production.

Market

Traidtional

Command

Mixed

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