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Economics

Geography

6th Grade

Used 5+ times

Economics
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23 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What do economists mean by the term "scarcity"?

Having too few or too little of resources

Having too many resources

Having just enough resources

Having the correct amount of resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economy allows past customs and family tradition to determine what to produce, how to produce it, and who gets it?

Command Economy

Market Economy

Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economy allows the government to determine what to produce, how to produce it, and who gets it?

Command Economy

Market Economy

Traditional Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economy allows people to freely decide what to produce and how to produce it and people get or buy what they can afford?

Command Economy

Market Economy

Traditional Economy

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

In my country, business is based on competition. Success comes from doing something better and cheaper than your competitors.

Traditional

Command

Market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In my country, central planners decide when we should expand old factories and build new ones.

Traditional

Command

Market

Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In my country my job is the same one that my family has done over the past 200 years.

Traditional

Command

Market

Mixed

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