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Africa: Economic Systems DT #5 Re-Performance Lesson

Africa: Economic Systems DT #5 Re-Performance Lesson

Assessment

Presentation

Social Studies

7th Grade

Practice Problem

Easy

Created by

Michele Downey

Used 12+ times

FREE Resource

11 Slides • 6 Questions

1

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​Economic Systems in Africa Discovery Ticket #5

Re-Performance Lesson

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3

Multiple Choice

What are three economic questions all societies must address?

1

What to produce?

How to produce?

For whom are we producing these items for?

2

How much to produce?

How will items be sold/traded?

Who will determine the cost?

3

What to produce?How much money will it cost?

Who will sell the items?

4

Who will consume the goods and services produced?

How much will be charged for an item?

What will be used in production?

4

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10

Multiple Choice

Which is the best description of a pure command economy?

1

The government makes no decisions

2

The government makes all the decisions

3

Based on supply and demand

4

Based on citizens’ needs

11

Multiple Choice

Which is the best description of a market economy?

1

It’s based on supply

2

  It’s based on demand

3

It’s based on government control

4

  It’s based on supply and demand

12

Multiple Choice

Which is the best description of a mixed economy?

1

A blend of command and market economies

2

Protects private property and its citizens

3

A limited government to achieve various goals

4

All of the above

13

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​An economic continuum rates countries based on their economic freedoms on a scale from 0 to 100.

14

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16

Multiple Choice

What types of economies do most modern countries have?

1

main

2

market

3

command

4

mixed

17

Multiple Choice

Which is the best definition of an economic continuum?

1

A scale from 0-100 that describes economies

2

A scale from 1-10 that ranks economies

3

A mathematical formula that determines the freedom or control of an economy

4

A prediction about an economy

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​Economic Systems in Africa Discovery Ticket #5

Re-Performance Lesson

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