Types of Economies - IX
Quiz
•
Business, Social Studies
•
9th - 10th Grade
•
Hard
Kalpana Saralaya
Used 37+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Simple economy functions through
Barter system
Money system
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The technique of production in a complex economy is
Simple
Complicated
non-existent
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Closed economy has interdependent trade relations with other countries
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economy which is self sufficient and self reliant is known as
Closed economy
Agricultural economy
Open economy
Mixed economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The central authority has full control on all economic activities in a
Simple economy
Free economy
Planned economy
open economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economy in which economic activities are controlled by the forces of demand and supply is known as
Simple economy
Planned economy
Agricultural economy
Free economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Infrastructure facilities like transport, communication and banking are well developed in
Industrial economy
Agricultural economy
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