
Economy of Southwest Asia
Authored by Ansley Tyler
History, Geography
7th Grade
Used 7+ times

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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who or what answers the economic questions of “What to Produce? How to Produce? For Whom to Produce?” in a mixed economy?
Decisions are based on the traditions and customs of the society.
Decisions are made by the government.
Decisions are made by individual producers and consumers.
Decisions are made by a combination of the government and individuals.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is standard of living?
The level of material comfort as measured by the goods, services, and luxuries available to an individual, group or nation.
The level of goods measured by how many individuals, groups, or nations export each year.
The measure of how long you live.
The measure of how long you stay in school.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of an tariff?
China allows only 345,000 Ford Mustangs into their country each year.
China charges 7.9% tax on Ford Mustangs imported into their country.
China refuses to buy Ford Mustangs from the USA.
China puts a tax on all exports to the USA.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of an embargo?
China allows only 345,000 Ford Mustangs into their country each year.
China charges 7.9% tax on Ford Mustangs imported into their country.
China refuses to buy Ford Mustangs from the USA.
China puts a tax on all exports to the USA.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of a quota?
China allows only 345,000 Ford Mustangs into their country each year.
China charges 7.9% tax on Ford Mustangs imported into their country.
China refuses to buy Ford Mustangs from the USA.
China puts a tax on all exports to the USA.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The diagram shows an economic continuum. Which letter on the continuum represents where a Pure Market economy would most likely be located.
<-----A------B------------------------------C---------------------------------D-->
Total Government No Government
Control Control
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who or what answers the economic questions of “What to Produce? How to Produce? For Whom to Produce?” in a traditional economy?
Decisions are based on the traditions and customs of the society.
Decisions are made by the government.
Decisions are made by individual producers and consumers.
Decisions are made by a combination of the government and individuals.
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