Economic Systems Quiz

Economic Systems Quiz

12th Grade

20 Qs

quiz-placeholder

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Economic Systems Quiz

Economic Systems Quiz

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Tamika Lindsay

Used 16+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

1 min • 1 pt

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

The people
The government 
Beyonce
The traditions of your ancesetors 

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What are the 3 basic 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?

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If the government makes me produce 70 T-Shirts, what economic system is this?

Mixed

Traditional

Command

Market

6.

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.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

There are four types of economic systems. Most economies are _____.

Traditional

Command

Market

Mixed

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