Basic Economic and Social Concepts Quiz

What is a market economy?

• An economy where the government decides what is produced

• An economy based on supply and demand where people can buy and sell what they want

• A system that trades only with foreign countries

• A system where only bartering is allowed

What does interdependent mean?

• Working separately from others

• Relying on machines for survival

• People or groups who rely on each other for success or survival

• A group of people who farm together

Who were the Quakers?

• A political group in England

• A group of people who left the Church of England for religious freedom

• Leaders of the Catholic Church

• Soldiers during the English Civil War

What does barter mean?

• To borrow money from others

• To pay with coins

• To trade goods and services without using money

• To grow crops for sale

What does urban describe?

• The countryside

• Small villages

• Cities and the people who live in them

• Areas with no people

What is a theocracy?

• A democracy run by the people

• A government run by religious leaders and religious laws

• A government ruled by a king or queen

• A system where the military controls the country

What is civic participation?

• Voting and engaging with public issues that affect the community

• Attending religious services

• Buying and selling goods

• Farming and producing food for others

What does ideology mean?

• A farming technique used in rural areas

• A government run by citizens

• A system of beliefs, ideas, or theories that influence how people live

• A way to measure literacy rates

What does rural describe?

• Cities with large populations

• Areas near the ocean

• Relating to the countryside and the people who live there

• Places focused on trade and business

What does literacy mean?

• The ability to speak multiple languages

• The ability to read and write

• The ability to trade goods

• The ability to farm successfully