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Economic Systems

Authored by Wayground Content

Geography, Social Studies

7th Grade

Economic Systems
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In this type of economy, the individual decides who to sell their products to.  

Traditional 
Mixed 
Market
Command

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________ economy is a market-based system in which the government is involved to some extent.

Traditional

Planned/command

Mixed

Free Market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _____________ economy is completely determined and controlled by a central planning authority or the government

Traditional

Planned/Command

Mixed

Free Market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The government has little to no role in the production of goods in this type of economy. 

Traditional 
Mixed
Command 
Market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economy do most countries in the world have?

Market economy
Command economy
Traditional economy
Mixed economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The four types of economic systems are: 

Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

I am a farmer in Africa, and have always traded for my goods.  I have a _____ economy. 

Traditional 
Command 
Market
Mixed

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