Economic Systems: Australia
5th - 7th Grade
•18 Qs
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Economic Systems: Australia
Quiz
•
Geography
•
5th - 7th Grade
•
Medium
Courtney Botta
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
trading
traditional economy
wage
free enterprise
bartering
production quota
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an economy with government control and government decision-making
traditional economy
wage
entrepreneurship
bartering
command economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a private citizen developing a business based on supply and demand
subsistence
market economy
entrepreneurship
bartering
command economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the operation of a business without control from the government
subsistence
free enterprise
entrepreneurship
traditional economy
command economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an economy based on supply and demand
wage
free enterprise
market economy
traditional economy
production quota
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a goal of a certain amount of good or service to be produced in a certain timeframe
wage
subsistence
free enterprise
traditional economy
production quota
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
producing only what is needed for personal survival
wage
subsistence
free enterprise
bartering
command economy
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