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Economics

Social Studies

5th - 7th Grade

Used 8+ times

Economics
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is government controlled?

Traditional

Command

Market

Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is citizen controlled?

Traditional

Command

Market

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is based on tradition and customs?

Traditional

Command

Market

Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is in China, a communist country?

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are not enough Xboxes for everyone who wants to buy one for Christmas. As a result, the price goes up by $50 in November. This is an example of...

supply and demand

revenue and profit

producer and consumer

mixed economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is the US?

Traditional

Command

Market

Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy focuses on private ownership of businesses?

Traditional

Command

Market

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