Types of Economic Systems

Types of Economic Systems

Assessment

Flashcard

Other

7th - 8th Grade

Hard

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9 questions

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1.

FLASHCARD QUESTION

Front

In my country, central planners decide when we should expand old factories and build new ones.

Back

Command

2.

FLASHCARD QUESTION

Front

In my country my job is the same one that my family has done over the past 200 years.

Back

Traditional

3.

FLASHCARD QUESTION

Front

In my country, the government controls the economy. It assigns jobs, sets production goals, and decides wages.

Back

Command

4.

FLASHCARD QUESTION

Front

In my country, the government has some involvement in the economy.

Back

Mixed

5.

FLASHCARD QUESTION

Front

In my country, the government makes all the economic decisions.

Back

Command

6.

FLASHCARD QUESTION

Front

In my country, the government tells me where to work.

Back

Command

7.

FLASHCARD QUESTION

Front

In my country we have no need for money. By custom, some of us hunt, others farm, and we are all taken care of.

Back

Traditional

8.

FLASHCARD QUESTION

Front

In my country there is a private sector and a public sector.

Back

Mixed

9.

FLASHCARD QUESTION

Front

In my country, there is little economic growth because we do not use any new technologies. What type of economy does this describe? Options: Traditional, Command, Market, Mixed

Back

Traditional