Ch. 3 Lesson 3 Quiz Review

Ch. 3 Lesson 3 Quiz Review

6th - 8th Grade

28 Qs

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Ch. 3 Lesson 3 Quiz Review

Ch. 3 Lesson 3 Quiz Review

Assessment

Quiz

Social Studies, Business

6th - 8th Grade

Practice Problem

Easy

Created by

Mrs. Prather

Used 51+ times

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28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the 3 basic economic questions is being answered?:
Nike decides to use more robots on their assembly lines because it is more efficient than using workers.

What will be produced?
How will it be produced?
For whom will it be produced?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system where individuals (private owners) answer the three basic economic questions:

Market

Command

Traditional

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system where tradition, customs, and values answer the three basic economic questions:

Market
Command
Modern or Mixed
Traditional

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

There are four types of economic systems. Most economies are _____.

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

If my government is selling me bread for $5 a loaf, and I have no choice but to buy that type of bread, I live in a _____ economy. 

Traditional 
Market 
Command 
Mixed

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In the economy of the Bushmen of the Kalahari Desert the people follow the examples of their ancestors. This is what kind of economy?

Traditional

Market

Command

Mixed

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the government makes me produce 70 T-Shirts, what economic system is this?

Mixed
Traditional
Command
Market

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