
Bell Work: Economic Systems
Authored by Sean Davidson
Social Studies
12th Grade
Used 10+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a free-market economy,
people are free to produce whatever they wish and to buy whatever they can afford.
the government controls every aspect of the economy.
the government owns large businesses, but private ownership of small businesses is encouraged.
there is a mix between different types of economies.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic decisions are decided entirely by the government in which economic system?
Socialism
Centrally-planned
Mixed
Free-market
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is true of traditional economies?
economic decisions are determined by the government.
People have access to private property.
the production of goods is based on custom.
they resemble a communist economic system.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a socialist economy?
Sweden
Mexico
USA
Soviet Union
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a command economic system?
China
North Korea
New Zealand
France
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