
Economics
Quiz
•
History
•
6th Grade
•
Hard

Bill Lane
Used 73+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economic system in which the government makes decisions about what to produce.
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economic system in which both the government and individuals play important roles about what to produce.
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economic philosophy that calls for property to be owned society as a whole.
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economic system in which the means of production are mostly privately owned and operated for profit.
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economic system in which individuals and businesses make decisions about what to produce.
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A political and economic system in which all property and wealth is collectively owned by all members of society.
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An economy that is built around the way a society lives. The goods and services are determined based on the livelihood of the people.
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