Economic Systems Review (Consumer)

Economic Systems Review (Consumer)

11th - 12th Grade

20 Qs

quiz-placeholder

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Economic Systems Review (Consumer)

Economic Systems Review (Consumer)

Assessment

Quiz

Life Skills, Business

11th - 12th Grade

Practice Problem

Medium

Created by

Amy Beetstra

Used 20+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of economic system revolves around family and traditions

Command

Traditional

Market (Mixed)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government decides what will be produced.

Command

Traditional

Market (Mixed)

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This economic system is the most flexible

Command

Traditional

Market (Mixed)

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The government has a role, but it is limited

Command

Traditional

Market (Mixed)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Custom, ritual, or habit determines what is produced

Command

Traditional

Market (Mixed)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers are free to buy whatever they choose as long as they follow government regulations.

Command

Traditional

Market (Mixed)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People have very little incentive to be efficient or innovative.

Command

Traditional

Market (Mixed)

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