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Latin America Economic Systems

Latin America Economic Systems

Assessment

Presentation

Social Studies

6th Grade

Practice Problem

Medium

Created by

Jessica Dundore

Used 5+ times

FREE Resource

36 Slides • 18 Questions

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Dropdown

In a traditional economy, the
and
have been passed down from generation to generation.

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Multiple Choice

A traditional economy would consist of ......

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people trading goods and services

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people using money to purchase items

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people selling items for cash

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people w

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Multiple Choice

In a ________ Economy, the government regulates all of the country’s economic decisions: prices of goods, wages of workers, goods to be made, etc.

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Market

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Command

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Traditional

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Mixed

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Multiple Choice

This system answers the three economic questions based on supply and demand in the marketplace.

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Mixed

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Free Market

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Command

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Traditional

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Multiple Choice

Since there are really no countries with either a “pure command” or a “pure market” economy, what does that make them?

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Mixed

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Free Market

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Command

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Traditional

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Match

Match the following

Command

Mixed Market

Free Market

100% Government Controlled, 0% Private

50% Government Controlled, 50% Private

100% Privately Controlled 0% Government

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Open Ended

Why would it be good for the government to control some aspects of the economy?

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Multiple Choice

Mexico has a _____economic system that is about 65% free and 35% command

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Mixed

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Free Market

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Command

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Traditional

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Multiple Choice

True or False.

In Mexico’s mixed market economy, citizens are generally free to make most economic decisions themselves.

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True

2

False

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Multiple Choice

The government operates the _____-industry, a leading source of income for the country.

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Fashion

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Oil

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Car

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Movie

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Multiple Choice

Brazil has a mixed economic system that is about ____% free and 47% command.

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43

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63

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Multiple Choice

A number of industries like electricity, oil, mining, water, and telecommunications are _______. 

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Privately-owned

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State-run

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owned by foreigners

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owned by the USA

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Multiple Choice

As a result, Brazil’s economy has been growing rapidly and is now ranked the _____th-largest economy in the world.

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4

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Multiple Choice

Cuba has _______ market economy.

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Mixed

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Free Market

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Command

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Traditional

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Multiple Choice

Cuba’s economy is only 23% free and ____% controlled.

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66

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77

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44

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22

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Multiple Choice

More than ____% of Cuba’s workforce is employed by the central government.

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70

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80

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95

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99

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Word Cloud

Question image

What do you notice about the picture?

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Open Ended

Question image

What do you think the picture represents?

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