
Economics and Politics
Quiz
•
Geography
•
6th - 12th Grade
•
Medium
JEREMIAH RIPLEY
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24 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The study of how people make decisions in a world where wants are unlimited and resources are limited
Politics
Economics
Democracy
Supply and Demand
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An economic system where custom dictates economic choices
Market Economy
Command Economy
Traditional Economy
Mixed Economy
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An economic system in which economic decisions are centered toward the family, tribe, or ethnic group.
Market Economy
Command Economy
Traditional Economy
Mixed Economy
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An economic system in which the individuals compete for profits based on supply and demand.
Market Economy
Command Economy
Traditional Economy
Mixed Economy
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An economic system in which individuals make their own decisions based on their needs and wants
Market Economy
Command Economy
Traditional Economy
Mixed Economy
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An economic system in which the government makes all decisions with little input from individuals.
Market Economy
Command Economy
Traditional Economy
Mixed Economy
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An economic system in which the government owns the resources and there is very little competition in the marketplace.
Market Economy
Command Economy
Traditional Economy
Mixed Economy
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