Economic Systems in the World

Economic Systems in the World

9th - 12th Grade

10 Qs

quiz-placeholder

Similar activities

TEMPERATE GRASSLANDS-PRAIRIES

TEMPERATE GRASSLANDS-PRAIRIES

KG - University

10 Qs

Obedience

Obedience

12th Grade - University

10 Qs

QUIZ NO.1 COMMUNITY ENGAGEMENT

QUIZ NO.1 COMMUNITY ENGAGEMENT

12th Grade

10 Qs

Constitutional Design

Constitutional Design

9th Grade

10 Qs

Module 3-Sektor ng Agrikultura

Module 3-Sektor ng Agrikultura

9th Grade

15 Qs

KONSTITUSI KELAS X SMT 1

KONSTITUSI KELAS X SMT 1

10th Grade

10 Qs

Current Affairs Quiz 2.0 - July 21 2021

Current Affairs Quiz 2.0 - July 21 2021

9th Grade

12 Qs

Circular flow of income

Circular flow of income

12th Grade

15 Qs

Economic Systems in the World

Economic Systems in the World

Assessment

Quiz

Social Studies

9th - 12th Grade

Hard

Created by

Aaron Rangoonwala

Used 123+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic system is..

a way of organizing the production and consumption of goods and services.

a way to decided how money moves around in a nation.

buying and selling of goods.

food, clothing and shelter.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The 3 fundamental questions of economics are

Who should produce, what to produce and when to produce?

Why to produce, What resources to use and Who to trade with?

What to produce, How to produce and who gets what?

Who gets land, how much to pay and when to pay?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your education is a type of what?

Land

Labor

Capital

Resource

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What decides the 3 questions in a traditional economy?

supply and demand

customs and traditions

the amount of livestock

equality

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which people group has a traditional economy?

Maasai

Swiss

French

Vietnamese

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who answers the 3 questions in a Market economy?

government

producers and consumers

customs and traditions

moral values

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of market economies?

growth

efficiency

instability

marketing

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?