Mixed Economic Systems Flashcard

Mixed Economic Systems Flashcard

Assessment

Flashcard

History

6th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a mixed economic system?

Back

A combination of market and command economies

2.

FLASHCARD QUESTION

Front

Which of the following is a characteristic of a command economy? Prices determined by supply and demand, Limited government control, Government owns all resources, Free market competition

Back

Government owns all resources

3.

FLASHCARD QUESTION

Front

What role does the government play in a mixed economy?

Back

It regulates and supports both public and private sectors

4.

FLASHCARD QUESTION

Front

In a _ economy, decisions are based on supply and demand.

Back

Market

5.

FLASHCARD QUESTION

Front

The United States is an example of a _ economy.

Back

Mixed

6.

FLASHCARD QUESTION

Front

What is an example of government intervention in a mixed economy? Options: Complete privatization of industries, Implementation of regulations to control pollution, Removal of all trade barriers, Abolishing taxes

Back

Implementation of regulations to control pollution

7.

FLASHCARD QUESTION

Front

What is the purpose of government intervention in a mixed economy?

Back

To protect the environment and public health

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?