Economic Geography Quiz Review
Authored by Mary Townsend
Geography
9th - 12th Grade
Used 15+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economic system in which people choose freely what to buy and sell
Market economy
command economy
traditional economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A system that lets competition among businesses determine the price of products
market economy
command economy
free enterprise
traditional economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economic system in which businesses, industries, and resources are privately owned
market system
command system
capitalism
free enterprise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economic system in which the government decides what to produce, where to make it, and what price to charge
market system
command system
traditional system
free enterprise
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total value of goods and services created within a country
capitalism
free enterprise
gross national product
market system
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
System of roads, ports, and other facilities needed by a modern economy
capitalism
developed economy
infrastructure
developing country
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Countries with less productive economies, than prosperous countries and low standards of living
developing countries
developed countries
command systems
market systems
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