Southwest Asia Economic Systems

Southwest Asia Economic Systems

7th Grade

15 Qs

quiz-placeholder

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Southwest Asia Economic Systems

Southwest Asia Economic Systems

Assessment

Quiz

Social Studies

7th Grade

Hard

Created by

Patricia White

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a country has a growing private sector but strict regulations to protect consumers. What type of economy do they have?

Traditional

Mixed

Command

Market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a negative aspect of market economies?

Production is usually inefficient

Resources are unequally distributed.

Consumers have few choices.

It is difficult to start a new business.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do command economies prioritize the interests of the various actors involved in the economy?

The people are prioritized over the interests of the government

Consumers are prioritized over the interests of private businesses.

The government are prioritized over the interests of the people

Private businesses are prioritized over the interests of consumers.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is investment in technology of great importance to the Israeli economy?

The nation has vast reserves of oil that it is unable to access

The nation is less developed than most other Southwest Asian nations

The nation has a very low rate of literacy among its population

The nation covers a small geographic area and lacks natural resources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which answer choice BEST compares the economies of Israel, Saudi Arabia, and Turkey?

Saudi Arabia has a larger private sector than Turkey and Israel.

Turkey is more technologically advanced than Israel and Saudi Arabia.

Turkey is more reliant on the production of oil than Saudi Arabia

Israel has fewer obstacles to starting a business than Turkey and Saudi Arabia

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Compared to Saudi Arabia, the Turkish economy features

less government regulation and intervention.

a larger dependence on petroleum revenue.

a smaller dependence on agricultural revenue.

more government regulation and intervention.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country that allows supply and demand to determine economic choices, but also has regulations on what's produces has a ____ economy.

Traditional

Mixed

Command

Market

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