Economics Review

Economics Review

Assessment

Flashcard

Geography, Social Studies

9th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

What part of the economic spectrum would you find North Korea?

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Back

On the left

2.

FLASHCARD QUESTION

Front

What part of the economic spectrum would you find the United States?

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Back

On the Right

3.

FLASHCARD QUESTION

Front

Where would you find a people from the Amazon rain forest on the economic spectrum?

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Back

Not on the line it is traditional

4.

FLASHCARD QUESTION

Front

Which economic system is the country that Justin lives in, given that he wants to open a business selling underwear and is now the third richest man in the world?

Back

Free Market

5.

FLASHCARD QUESTION

Front

Nationalization is to _________________ as Privatization is to Capitalism. Options: Free Market, Socialism, Traditional, Communism

Back

Communism

6.

FLASHCARD QUESTION

Front

What kind of Economic system allows government subsidies, food stamps, national airlines, and business ownership?

Back

Mixed economy

7.

FLASHCARD QUESTION

Front

Using the map and your knowledge of globalization, which country would be the most poor?

Back

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Microsoft

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