S/E Asia Government and Economies

S/E Asia Government and Economies

5th - 7th Grade

25 Qs

quiz-placeholder

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S/E Asia Government and Economies

S/E Asia Government and Economies

Assessment

Quiz

Other

5th - 7th Grade

Practice Problem

Medium

Created by

Rhonda Williams

Used 43+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system where the government makes all of the economic decisions

command
market
mixed
traditional

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

taxes placed on imported goods 

tariff
quota
embargo
entrepreneur

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

limits on the amount (quantity) of a good that can be imported into a country

specialization
tariff
quota
entrepreneur

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

forbids trade with another country, usually for political reasons

human capital
command economy
embargo
tariff

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system where businesses can own resources and determine what and how to produce, but the government regulates certain industries; a combination of market and command economic systems. Most democratic countries fall into this category.

market economic system
command economic system
traditional economic system
mixed market economic system

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system where the market determines what will be produced, private businesses (producers) decide how to produce, and the consumers who demand the product determine for whom to produce

command economic system
specialization
market economic system
traditional economic system

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economic system that follows their customs and/or traditions, produces only what is needed to survive or for trade; based on customs and beliefs

command economic system
entrepreneur
mixed economic system
traditional economic system

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