Search Header Logo

Economic Systems

Authored by Jessica McCuan

Life Skills

9th - 12th Grade

Used 74+ times

Economic Systems
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Free enterprise is a componet of which economic system?

Command

Market

Traditional

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total government involvement is associated with which system?

Command

Market

Tradition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Government controls the factors of production and makes all the decisions.

Command

Market

Tradition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In _______ economy, there is no government involvement in economic decisions

Command

Market

Tradition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In this system, goods and services are bartered and there is no formal system.

Market

Command

Traditional

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ is characterized by private ownership of businesses and marketplace competition.

Capitalism

Socialism

Communism

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This characterized by increased government involvement in people’s lives and the economy with the main goal to keep prices low for all people and to provide employment for many. Private enterprise still exists.

Capitalism

Socialism

Communism

Access all questions and much more by creating a free account

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

Already have an account?