11b-World Economies

11b-World Economies

Assessment

Quiz

Created by

Deborah Spiegel

History

8th Grade

29 plays

Easy

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18 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of Economy is based on 'old fashioned ways' or farming?
Traditional
Market
Mixed
Command

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of economy does the United States have?
Traditional
Command
Unlimited
Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT a characteristic of a Market Economy?
Property Rights
Freedom of Enterprise
Competition
Total Government Control

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cuba is an example of what type of economy?
Traditional
Command
Market
Unlimited

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Government ownership of the means of production. In command economies, governments will own some or all of the industries producing goods and services
True
False 

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is the definition of command economy?
economic system combining private and public enterprise.
an economy in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
An economy in which production, investment, prices, and incomes are determined centrally by a government.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economic system allows government and private businesses to make economic decisions?
Market
Mixed
Traditional
command

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