Which of these is NOT an economic system?
World Economic Systems

Quiz
•
Geography
•
9th - 12th Grade
•
Medium

April Zendejas
Used 26+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Traditional
Free Enterprise
Communist
Dictatorship
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Custom and tradition determine what should be produced, how it should be produced, and for whom in a __________ economy
Communist
Socialist
Traditional
Free Enterprise
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a Traditional Economy?
Highly controlled by the government and the people have no say so
Mildly controlled by the government and allows private ownership of businesses
Not controlled by the government and is passed down from generation to generation
Not controlled by the government but has an interaction between consumers and producers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
T or F. Goods and services are produced to meet the needs of the members of the family or tribe when it comes to a traditional economy.
True
False
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In a Traditional Economy what are the two major productions?
Commercial Agriculture/Commercial Industries
Subsistence Agriculture/Cottage Industries
Supply/Demand
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is a Free Enterprise system?
The interaction between consumers and producers
All decisions of production and distribution are made by the Government
Customs and beliefs are handed down from generations to another
Private ownership of businesses
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
T or F. The interaction of supply and demand determines prices in a free market economy. When demand is high, the price goes up. If the supply is high but demand is low, the price goes down.
True
False
Create a free account and access millions of resources
Similar Resources on Wayground
20 questions
N. America Test Review

Quiz
•
9th Grade
20 questions
Political & Economic Geography Review

Quiz
•
9th Grade
20 questions
Russian History review

Quiz
•
KG - University
20 questions
Human Geography Vocab Quiz

Quiz
•
9th - 11th Grade
23 questions
CorpStrat/Mobility - Dell

Quiz
•
12th Grade
15 questions
Unit 1 SCAPE

Quiz
•
6th - 10th Grade
15 questions
Economic Geography Vocabulary

Quiz
•
9th - 10th Grade
18 questions
How We Study the World’s Cultural Patterns

Quiz
•
6th - 9th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade
Discover more resources for Geography
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade