Economic Systems

Economic Systems

6th - 8th Grade

15 Qs

quiz-placeholder

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Economic Systems

Economic Systems

Assessment

Quiz

Other

6th - 8th Grade

Medium

Created by

Heather MacDougall

Used 83+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The four types of economic systems are: 
Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economy is dictated by supply and demand and the buyers and sellers?

Market

Traditional

Mixed

Command

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A command economy is when the government is in control.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an economic system where only the government makes the economic decisions?

traditional economy

traditional

mixed economy

command economy

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is an economic system in which economic decisions are made according to social roles & culture?
Market economy
Command economy
Traditional economy
Mixed economy

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is an economic system in which the government regulates SOME parts of the economy?

Market economy

Command economy

Traditional economy

Mixed economy

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What type of economy do most countries in the world have?
Market economy
Command economy
Traditional economy
Mixed economy

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