Economic Systems

Economic Systems

6th Grade

9 Qs

quiz-placeholder

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Economic Systems

Economic Systems

Assessment

Quiz

Geography

6th Grade

Hard

Created by

Trevor Gregory

Used 18+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Katia is an accountant in a government run business where she was placed after graduation.

Command
Traditional
Free Market
Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sam loves science and wants to become a doctor but he is learning how to make clay bricks like his father and grandfather.

Free Market
Traditional
Mixed
Command

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Joe owns a shoe store.  At the end of the month Joe decides what to do with his profits.

Command
Free Market
Traditional

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sally works in a private company that has to follow government rules for public safety.

Free Market
Command
Mixed
Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who or what answers the basic economic questions in a mixed economy?

Individuals and Businesses
Government
Custom
Individuals, Businesses, and Government

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who or what answers the basic economic questions in a command economy?

Individuals and Businesses
Government
Custom
Individuals, Businesses, and Government

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ is the most basic or fundamental economic problem.

Scarcity
Labor
Greed
Capital

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who comes up with a product or service, and finds the money and time to produce this new product.

Entrepreneur
Incentive
Specialization
Barter

9.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

This type of government typically goes with the Command Economy.  

Democracy
Dictatorship
Autocracy
Communism