Types of Economies

Types of Economies

6th Grade

17 Qs

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Types of Economies

Types of Economies

Assessment

Quiz

Geography

6th Grade

Practice Problem

Medium

Created by

Patsy Crumpton

Used 1K+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristics of a market economy?

lack of choice
individual choice
competition
central ownership of property

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy has central ownership and lack of individual choice?

Market Economy
Mixed Economy
Command Economy
Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economic system bases its decisions on custom?

Market Economy
Mixed Economy
Command Economy
Traditional Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is controlled by the government?

Command
Market
Mixed
Democratic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is run by the businesses & business owners?

Command
Mixed
Communist
Market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is based on traditions and beliefs?

Command
Market
Traditional
Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy involves trading, and doesn't usually use money?

Command
Traditional
Market
Mixed

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