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WG Economics Review

Social Studies

9th Grade

Used 26+ times

WG Economics Review
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Traditional farming. Grows only enough food to feed themselves and family.

Subsistence Agriculture

Commercial Agriculture

Plantation Agriculture

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Consumer demand determines what goods and services are produced (supply and demand).

Free Market Economy

Communist Economy

Socialist Economy

Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Government decides what to make, how to make it, and who gets it.

Free Market Economy

Communist Economy

Socialist Economy

Traditional Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A mix of Free Market and Communist. Individuals own private property, but the government may own a few key businesses.

Free Market Economy

Communist Economy

Socialist Economy

Traditional Economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Found in remote, poor places. People base their economic decisions on tradition

Free Market Economy

Communist Economy

Socialist Economy

Traditional Economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Which of these is an example of a good?

Sneakers
A massage
A doctor's visit
Tutoring session

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of these is an example of a service?

Building a home
Steel
A couch
A new roof

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