Government and the Economy

Government and the Economy

Assessment

Flashcard

History

7th Grade

Practice Problem

Hard

Created by

Wayground Content

Used 1+ times

FREE Resource

Student preview

quiz-placeholder

30 questions

Show all answers

1.

FLASHCARD QUESTION

Front

In which economy does the government own and offer all the goods and services to the people? Options: Market Economy, Mixed Economy, Command Economy

Back

Command Economy

2.

FLASHCARD QUESTION

Front

A economy with no government regulation would be completely ________________.

Back

free

3.

FLASHCARD QUESTION

Front

Laws that prohibit monopolies and other activity that reduces competition are called what?

Back

Antitrust

4.

FLASHCARD QUESTION

Front

Which anti-trust act was enacted in 1914?

Back

Clayton

5.

FLASHCARD QUESTION

Front

What is a tax on goods from other countries?

Back

Tariff

6.

FLASHCARD QUESTION

Front

True or False: Without anti-trust laws, there would be less competition between businesses.

Back

True

7.

FLASHCARD QUESTION

Front

In which economy are most goods and services offered by private companies? Options: Command Economy, Market Economy, Mixed Economy

Back

Market Economy

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

Already have an account?