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Economic Systems

Authored by Anna Johnson

Social Studies

9th - 12th Grade

Used 2+ times

Economic Systems
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20 questions

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1.

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

2.

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

3.

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

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In a command economy, who holds power over the economy?

The people
The government 
Beyonce
The traditions of your ancesetors 

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are the 3 economic questions?

What to produce? How To Produce? For whom to produce?
Who to produce? Why you produce? Like to produce?
Why to produce? Tell who to produce? Things to produce?

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If I produce meat but, the government has to check to make sure I can put this product on the market, what economic system is this?

Mixed
Traditional
Market 
Command

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The four types of economic systems are: 

Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

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