
Types of Economic Systems 2019-2020
Authored by Alyson West
Geography
7th Grade
Used 52+ times

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20 questions
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1.
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. As long as the business doesn't break any government regulations, they can produce and sell whatever products they choose.
Traditional
Command
Market
Mixed
2.
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
3.
MULTIPLE SELECT QUESTION
1 min • 1 pt
In my country, I know that all my needs will be met, but not my wants. Choose TWO
Traditional
Command
Market
Mixed
4.
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
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In my country, the government controls the economy. It assigns jobs, sets production goals, and decides wages.
Traditional
Command
Market
Mixed
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
In my country producers decide what and how much to make based on what people want to buy. There are no government regulations.
Traidtional
Command
Market
Mixed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In my country we have no need for money. By custom, some of us hunt, others farm, and we are all taken care of.
Traditional
Command
Market
Mixed
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