
Economic Test 2
Quiz
•
History
•
10th Grade
•
Hard
Jason Wheeler
FREE Resource
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economy where supply and demand determine production (that is, business runs itself without government interference) and there are no safety nets for the poor?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economy where the government controls production (business and consumers have little say in which goods/services are sold)?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economy where supply and demand determine production (that is, business runs itself without government interference) and there are safety nets for the poor?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economy that favors bartering (exchanging goods for goods, services for services) instead of money?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which example would you find a type of business where a group of people have ownership, but are authorized by law to act as a single person in business matters, such as buying and trading stocks.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which example would you find a type of business where a single owner runs and manages the business?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which example would you find a type of business where two or three people run a business and have equal input on decision-making?
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