Economic Systems

Economic Systems

7th - 9th Grade

13 Qs

quiz-placeholder

Similar activities

S3 - Human-Nature Relationship Recap

S3 - Human-Nature Relationship Recap

8th Grade

12 Qs

Texas Revolution

Texas Revolution

7th Grade

10 Qs

2017 Unit 4 CFA 2

2017 Unit 4 CFA 2

5th - 11th Grade

12 Qs

General Knowledge

General Knowledge

4th - 8th Grade

12 Qs

Konark Sun Temple

Konark Sun Temple

6th - 12th Grade

12 Qs

Feudalism in Middle Ages

Feudalism in Middle Ages

8th Grade

16 Qs

Economic Effects of Reconstruction

Economic Effects of Reconstruction

6th - 8th Grade

11 Qs

Asia : Northern Lowlands and Central Highlands

Asia : Northern Lowlands and Central Highlands

7th - 8th Grade

10 Qs

Economic Systems

Economic Systems

Assessment

Quiz

Geography, History

7th - 9th Grade

Practice Problem

Hard

Used 2K+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

I have a problem with having enough resources. What basic question of economics solves this? 

What to produce?
How to produce?
When to produce? 
For whom to produce? 

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Society will never be able to satisfy all wants and ____.

desires
needs
hungers
money problems

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If you tell me a price on something and I offer you a different price, this is an example of what kind of economy? 

Traditional 
Command 
Market 
Mixed

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

If my government is selling me bread for $5 a loaf, and I have no choice but to buy that type of bread, I live in a _____ economy. 

Traditional 
Market 
Command 
Mixed

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

There are four types of economic systems. Most economies are _____.

Traditional

Command

Market

Mixed

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In this type of economy, the individual decides who to sell their products to.  

Traditional 
Mixed 
Market
Command

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

This type of government typically goes with the Command Economy.  

Democracy
Dictatorship
Autocracy
Communism

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?