Economic Institutions

Economic Institutions

11th Grade

14 Qs

quiz-placeholder

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Economic Institutions

Economic Institutions

Assessment

Quiz

Social Studies

11th Grade

Medium

Created by

Mhai Bringuelo

Used 38+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It refers to the voluntary giving or taking of objects without the use of money.

Transfers

Reciprocity

Market Transactions

Redistribution

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

They deal with money or with the production and distribution of the goods and services in an economy.

Nonstate Institutions

Social Organizations

Exchange System

Economic Institutions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A central authority usually has the privilege and responsibility to make decisions about the goods or money later will be reallocated among the group as a whole.

Reciprocity

Transfers

Market Transactions

Redistribution

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exchange of goods and services through a market.

Transfers

Redistribution

Reciprocity

Market Transactions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

He identified the 3 forms of reciprocity.

Clifford Geertz

George Murdock

Marshall Sahlins

Fredrick Barth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A change in ownership of an asset, or a movement of funds and/or assets from one account to another.

Transfer

Balanced Reciprocity

State-Market Relations

Banking

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The governing body of the society.

Institutions

State

Leaders

Government

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