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Economic review

Authored by Mary Moyer

History

9th - 10th Grade

Used 1+ times

Economic review
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31 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The economic theory of laissez-faire capitalism proposes that

command economies should provide the greatest opportunity for national growth
the practices of mercantilism should be expanded
governments should not interfere with business
the nobility should have strict control over business and industry

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Laissez-faire practices are most closely associated with a

command economy
traditional economy
mixed economy
market economy

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is possible for socialism to exist in a democracy.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government makes all economic decisions

Traditional
Command
Market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Everyone has a set role defined by custom. 

Traditional
Command
Market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Primary focus is self-interest

Traditional
Command
Market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Socialism

Traditional
Command
Market

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