Types of Economies - IX

Types of Economies - IX

9th - 10th Grade

20 Qs

quiz-placeholder

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Types of Economies - IX

Types of Economies - IX

Assessment

Quiz

Business, Social Studies

9th - 10th Grade

Hard

Created by

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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