Types of Economic Systems

Types of Economic Systems

12th Grade

35 Qs

quiz-placeholder

Similar activities

Age of Reason & Revolution

Age of Reason & Revolution

9th - 12th Grade

40 Qs

Government Final Exam Study Guide

Government Final Exam Study Guide

9th - 12th Grade

37 Qs

Quiz 2 - Becoming a Member of the Society

Quiz 2 - Becoming a Member of the Society

11th - 12th Grade

30 Qs

Current Affairs June(3rd week)

Current Affairs June(3rd week)

10th Grade - Professional Development

30 Qs

Unit 3 Vocabulary 2018

Unit 3 Vocabulary 2018

8th - 12th Grade

31 Qs

Civic Issues in Education

Civic Issues in Education

12th Grade

40 Qs

AP Gov Midterm

AP Gov Midterm

12th Grade

40 Qs

WRS - Europe

WRS - Europe

9th - 12th Grade

40 Qs

Types of Economic Systems

Types of Economic Systems

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Alan Long

Used 53+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What type of economic system allows the government to decide what to produce, how to produce and for whom to produce?
Market
Mixed
Command
Traditional

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The four types of economic systems are: 
Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In the economy of the Bushmen of the Kalahari Desert the people follow the examples of their ancestors.  This is what kind of economy? 
Traditional 
Market 
Command 
Centrally planned 

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The Country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?
Traditional 
Market 
Command 
Centrally Planned 

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What are the 3 economic questions?
What to produce? How To Produce? For whom to produce?
Who to produce? Why you produce? Like to produce?
Why to produce? Tell who to produce? Things to produce?
What to produce? How to produce? When to produce?

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image
If my government is selling me bread for $5 a loaf, and I have no choice but to buy that type of bread, I live in a _____ economy. 
Traditional 
Market 
Command 
Mixed

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image
In this type of economy, the individual decides who to sell their products to.  
Traditional 
Mixed 
Market
Command

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?