Command Economies
Interactive Video
•
Social Studies
•
6th Grade
•
Practice Problem
•
Easy
G Wells
Used 7+ times
FREE Resource
16 questions
Show all answers
1.
SLIDE QUESTION
30 sec • Ungraded
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are decisions made in a command economy?
Decisions are made by the government or central authority.
Decisions are made by individual consumers.
Decisions are made by private businesses.
Decisions are made through market competition.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is a command economy different from a market economy?
A command economy allows for free competition among businesses.
A command economy is centrally planned by the government, while a market economy is driven by supply and demand.
A command economy relies solely on private businesses.
A market economy is controlled by a single entity.
4.
SLIDE QUESTION
30 sec • Ungraded
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are features of a command economy?
High levels of competition
Decentralized resource allocation
Flexible pricing based on market demand
Features of a command economy include government ownership of resources, centralized planning, lack of competition, and fixed prices.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might consumers not like a command economy?
Consumers enjoy the high level of competition in a command economy.
Consumers benefit from the rapid innovation in a command economy.
Consumers prefer a command economy for its variety of products.
Consumers may dislike a command economy due to limited choices and lack of responsiveness to their needs.
7.
SLIDE QUESTION
30 sec • Ungraded
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