Latin American Economics Study Guide
Authored by Tamika Williams
Social Studies
6th Grade
Used 84+ times
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41 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economic system do most democratic countries have?
Traditional
Command
Market
Mixed
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mixed economies - Which country does not belong in this category?
Mexico
Venezuela
Cuba
Brazil
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economy is typically the best to live in?
traditional
command
market
mixed
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this type of economy, people, such as some of the tribes in the Amazon, make their own clothes and grow their own food.
command economy
traditional economy
market economy
mixed economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this type of economic system, the government owns the businesses and decides what will be made and sold.
market
command
mixed
traditional
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which type of economy does 'supply and demand' decide what will be produced and there are no government regulations?
command
traditional
market
mixed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this type of economy, people can own their own business and sell whatever products they want, but the government does make some regulations.
command
traditional
market
mixed
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