Australia economy

Australia economy

6th Grade

19 Qs

quiz-placeholder

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Australia economy

Australia economy

Assessment

Quiz

Social Studies

6th Grade

Easy

Created by

Mary Deal

Used 2+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

ALL countries have a _________ economy.

mixed

traditional

market

command

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the three fundamental economic questions? Choose all that apply.

What to produce

how to produce

for whom to produce

when to produce

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Choose the command elements - all that apply

The government raises taxes to build new schools.

Entrepreneurs choose how much to charge for their goods.

The government takes part of someone's land to widen the road.

Laws are created to protect workers from unfair business owners.

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Choose the market elements - choose all that apply.

New business owners may decide on their own advertisements.

New businesses must follow laws for food regulations.

a private company can decide how much to pay their employees.

The government decides which Australian farmer plant wheat.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the two items that point to a country's standard of living?

literacy rate

GDP per capita

GDP

taxex

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a country was in need of well trained personnel for high tech jobs, they would need to invest in

human capital

capital goods

exports

taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

manufacturing workers

human capital

capital goods

natural resource

entrepreneurs

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