World Economies

World Economies

7th Grade

14 Qs

quiz-placeholder

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World Economies

World Economies

Assessment

Quiz

Geography

7th Grade

Medium

Created by

Tyler Dinsdale

Used 73+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who sets the prices in a command economy?

The people

The market

The government

Mixture

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the government in a command economy?

They have total control of the economy

The consumers and producers have total control of the economy

They split control of the economy

There is not a government in a command economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the government in a Free Market economy?

They have total control of the economy

The consumers and producers have total control of the economy

They split control of the economy

There is not government in a command economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the government in a Mixed economy?

They have total control of the economy

The consumers and producers have total control of the economy

They split control of the economy

There is not government in a command economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economy is a mixture of traditional, command and market economy?

Market

Command

Traditional

Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy relies on barter or trade?

Market

Command

Traditional

Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who owns the resources in a command economy?

Government

The people

The market

No one owns the resources

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