European Economics Review

European Economics Review

6th Grade

21 Qs

quiz-placeholder

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European Economics Review

European Economics Review

Assessment

Quiz

Geography, History

6th Grade

Medium

Created by

Nicole Johnson

Used 86+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government controls what is produced, how it is produced, and who gets the products.

command

traditional

market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People make what they need to survive; traditional customs and values are most important.

command

traditional

market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply and demand in the market determine what businesses produce and how much consumer will pay.

command

traditional

market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of goods and services are set or controlled by the government.

command economy

market economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The people own private property, such as land, factories, and businesses.

command economy

market economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses decide what to produce, and consumers decide whether to buy the goods.

command economy

market economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Some businesses, and some entire industries, are controlled by the government.

command economy

market economy

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