What do economic systems help societies decide?
Economic Systems

Passage
•
Social Studies
•
9th - 12th Grade
•
Easy
Sara Ochs-Howser
Used 1+ times
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9 questions
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1.
OPEN ENDED QUESTION
3 mins • 2 pts
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2.
OPEN ENDED QUESTION
3 mins • 2 pts
What is the main purpose of an economic system?
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3.
OPEN ENDED QUESTION
3 mins • 2 pts
What are the three questions economic systems try to answer?
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4.
OPEN ENDED QUESTION
3 mins • 4 pts
What is are three characteristics of a traditional economy?
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5.
OPEN ENDED QUESTION
3 mins • 2 pts
What are three characteristics of a command economy?
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6.
OPEN ENDED QUESTION
3 mins • 2 pts
What is a disadvantage of a command economy?
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7.
OPEN ENDED QUESTION
3 mins • 4 pts
What are three characteristics of a free market economy?
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8.
OPEN ENDED QUESTION
3 mins • 2 pts
What is a disadvantage of a free market economy? Why does this occur?
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9.
OPEN ENDED QUESTION
3 mins • 4 pts
What are three characteristics of a mixed economy?
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