Gov't, Econ and SoL

Gov't, Econ and SoL

Assessment

Flashcard

History

7th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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25 questions

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1.

FLASHCARD QUESTION

Front

The government plans how to use resources to make goods and services.

Back

Command Economy

2.

FLASHCARD QUESTION

Front

Producers and consumers determine how to use resources and make goods based on supply and demand in the market, without government interference.

Back

Market Economy

3.

FLASHCARD QUESTION

Front

People use the resources they have to make only what they need to survive.

Back

Traditional Economy

4.

FLASHCARD QUESTION

Front

Both supply and demand and the government influence how resources are used to make goods and services. What type of economy is this?

Back

Mixed Economy

5.

FLASHCARD QUESTION

Front

Most countries in the world have a ___________________ economy.

Back

Mixed

6.

FLASHCARD QUESTION

Front

Which economy is not on the economic continuum? Options: Mixed, Traditional, Command, Market

Back

Traditional

7.

FLASHCARD QUESTION

Front

What type of economy is represented by Sam learning how to make clay bricks like his father and grandfather? Options: Free Market, Traditional, Mixed, Command

Back

Traditional

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