37a, b, c: analyze different economic systems in Africa

37a, b, c: analyze different economic systems in Africa

7th Grade

10 Qs

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37a, b, c: analyze different economic systems in Africa

37a, b, c: analyze different economic systems in Africa

Assessment

Quiz

Geography

7th Grade

Practice Problem

Easy

Created by

Douglas Edington

Used 54+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In which economic system are entrepreneurs MOST likely to exist?

Command Economy

Market Economy

Traditional Economy

Communist Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who or what answers the economic questions of “What to Produce? How to Produce? For Whom to Produce?” in a traditional economy?

Decisions are based on the traditions and customs of the society.

Decisions are made by the government.

Decisions are made by individual producers and consumers.

Decisions are made by a combination of the government and individuals.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who or what answers the economic questions of “What to Produce? How to Produce? For Whom to Produce?” in a mixed economy?

Decisions are based on the traditions and customs of the society.

Decisions are made by the government.

Decisions are made by individual producers and consumers.

Decisions are made by a combination of the government and individuals.

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

In which economic system is ALL property owned by individuals and individuals make all the decisions?

Traditional Economy

Command Economy

Market Economy

Mixed Economy

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

In which economic system is ALL property owned by the government and the government makes all of the decisions?

Traditional Economy

Command Economy

Market Economy

Mixed Economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

South Africa's economy is .........?

mixed toward market

mixed toward command

traditional

pure market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Nigeria's economy is .........?

mixed toward market

mixed toward command

traditional

pure market

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