1st 9 Weeks Test Review

1st 9 Weeks Test Review

Assessment

Flashcard

•

Social Studies

•

11th Grade

•

Practice Problem

•

Easy

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50 questions

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1.

FLASHCARD QUESTION

Front

In this type of economy, the people decide the supply, demand, and price.

Back

Market

2.

FLASHCARD QUESTION

Front

This type of economy is passed down through family traditions. They learn from their parents.

Media Image

Back

Traditional

3.

FLASHCARD QUESTION

Front

Which type of economy has central ownership, the government, and lack of individual choice? Options: Market, Mixed, Command, Traditional

Back

Command

4.

FLASHCARD QUESTION

Front

Which type of economy is usually paired with a Communist government?

Back

Command

5.

FLASHCARD QUESTION

Front

Who invented communism?

Back

Karl Marx

6.

FLASHCARD QUESTION

Front

Capitalism is in what type of economy?

Back

Market

7.

FLASHCARD QUESTION

Front

Markets involved in the circular flow model: Factor Market and Resource Market, Labor Market and Product Market, Factor Market and Product Market, Resource Market and Labor Market

Back

Factor Market and Product Market

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