BE Final Exam Review - Part 3 [6085237]

BE Final Exam Review - Part 3 [6085237]

9th Grade

58 Qs

quiz-placeholder

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BE Final Exam Review - Part 3 [6085237]

BE Final Exam Review - Part 3 [6085237]

Assessment

Quiz

Business

9th Grade

Practice Problem

Hard

Created by

Christine Glasner

Used 2+ times

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58 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system in which all or many of the means of production and distribution are owned and controlled by the government.

market economy

command economy

socialism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________________: a command economic system in which the government controls the economic system and does not allow private ownership of the means of production and distribution.

communism

market economy

socialism

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system in which the questions of what, how, and for whom goods will be produced are answered by individuals and businesses in the marketplace

market economy

traditional economy

command economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the organized way in which a country handles its economic decisions and solves its economic problems.

economic system

market economy

traditional economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________: a modified command economic system in which government owns the basic means of production and allows private ownership of business as well.

communism

private ownership

socialism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system in which the questions of what, how, and for whom goods will be produced are answered by individuals and businesses in the marketplace

market economy

traditional economy

command economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economy is based on public or governmental ownership of the production and distribution of goods?

traditional

socialist

mixed

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