
Australia's Economy
Authored by Daphne Gibbs
Other
6th Grade

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24 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Australia's economy can best be described as
Market Economy
Command Economy
Traditional Economy
Mixed Market Economy
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Australia is involved in many FTA, what does FTA stand for?
Free Trade Agreement
Featured Trade Association
Featured Trade Agreement
Free Trade Association
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Even though most of Australia's interior is a desert it still ranks 7th in
fishing
rainfall
sheep farming
arable farmland
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Even though Australia has great economic freedom, the government requires some products to meet safety and manufacturing standards. This means that overall Australia's economy can BEST be classified as a
mixed economy.
market economy.
command economy.
traditional economy.
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Australia has one of the most advanced market economies in the world, meaning the majority of economic decisions are made by
their executive branch of government.
a central economic planning committee.
their legislative branch of government.
the producers and consumers of products.
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Using this chart, you can conclude that in Australia's economy
buyers and sellers determine what goods are made.
private property is rationed out according to need.
the national government owns most of the land resources.
the provincial governments own most of the capital resources.
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Australia can produce or provide all the goods and services its citizens desire.
true
false
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