Economic Systems
10th - 12th Grade
•15 Qs
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Economic Systems
Quiz
•
10th - 12th Grade
•
Easy
Used 8+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Government owns the business and means of production.
Command
Market
Traditional
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Prices are determined by central planners.
Command
Market
Traditional
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Central planners determine what is to be produced, how and for whom.
Command
Market
Traditional
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The government provides housing for the people.
Command
Market
Traditional
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Social goals are determined by the central planners for the people.
Command
Market
Traditional
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Individuals own the businesses and means of production.
Command
Market
Traditional
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Prices are determined by the interaction of buyers and sellers in the marketplace.
Command
Market
Traditional
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