Economic systems PV

Economic systems PV

6th Grade

40 Qs

quiz-placeholder

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Economic systems PV

Economic systems PV

Assessment

Quiz

History, Specialty

6th Grade

Medium

Used 20+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I am going to do the best i can and take my time answering each question.

True
False

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

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

Traditional, Free enterprise, Socialist, and Communist
Traditional, Socialist, Communist, Republican
Free Enterprise, Communist, Democratic, and Socialist
Communist, Socialist, Free enterprise, and Entrepreneurship

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If there are only 100 televisions on sale and 200 people want to buy TV's, that is a problem of ____. 

desire
demand
supply
scarcity

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

I am a farmer in Africa, and have always traded for my goods.  I have a _____ economy. 

Traditional 
Free enterprise
Socialist
Communist

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What are the 3 economic questions?

What to produce? How To Produce? For whom to produce?
Who to produce? Why you produce? Like to produce?
Why to produce? Tell who to produce? Things to produce?

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If I choose to produce fish for my town because my mom and dad were fishermen/women, what economic system is this?

free enterprise
socialist
Traditional
Communist

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

free enterprise
Socilaism 
communist
traditional

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