
Economic Questions
Authored by Mary Zellner
Social Studies
6th Grade
Used 3+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The government has set the price of milk to $3.99 based off quotas. What type of economic system does this describe?
Traditional
Command
Market
Mixed
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The demand for wheat has increased recently. Farmers have decided to charge more for wheat. The government is not involved at all. What type of economic system does this describe?
Traditional
Command
Market
Mixed
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Aborigines of Australia have a strong system of tradition. They work together to farm, hunt, and gather. What type of economic system does this describe?
Traditional
Command
Market
Mixed
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
North Korea has a dictator who controls all economic decisions. The individuals have no say. What type of economic system does this describe?
Traditional
Command
Market
Mixed
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The United States government guides and regulates our food industries, but individuals own businesses. What type of economic system does this describe?
Traditional
Command
Market
Mixed
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A car company is solely concerned with their profits. Their country's economy is often called "capitalist". What type of economic system is this describing?
Traditional
Command
Market
Mixed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In many countries the government works to protect consumers and producers from unfair policies and practices. What type of economic system is this?
Traditional
Command
Market
Mixed
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