Xtra: Star Wars Economics (CE.11-14)

Xtra: Star Wars Economics (CE.11-14)

7th Grade

10 Qs

quiz-placeholder

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Xtra: Star Wars Economics (CE.11-14)

Xtra: Star Wars Economics (CE.11-14)

Assessment

Quiz

Social Studies

7th Grade

Practice Problem

Easy

Created by

Warren Fisher

Used 32+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The Empire wants to control all of resources and make all of economic decisions for the galaxy. What type of economy does The Empire believe in?

Command Economy

Mixed Economy

Free Market Economy

Traditional Economy

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Before it fell to The Empire, The Galactic Republic made some of the economic decisions, but allowed individuals and businesses to own resources and make decisions. What type of economy does this represent?

Command Economy

Mixed Economy

Free Market Economy

Traditional Economy

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Luke Skywalker lives with his Uncle Owen and Aunt Beru on a moisture farm. Everyone in Uncle Owen’s family has always been a moisture farmer. What type of economy does this represent?

Command Economy

Mixed Economy

Free Market Economy

Traditional Economy

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Han Solo and Chewbacca are smugglers who try to avoid all kinds of government involvement. They own resources and make decisions for themselves. What type of economy do Han and Chewie support?

Command Economy

Mixed Economy

Free Market Economy

Traditional Economy

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

There is a low supply, but high demand for quality bounty hunters like Boba Fett. How does this affect the prices Boba Fett can charge for his services?

Higher prices

Lower prices

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

There is a high supply of Jar Jar Binks action figures at the toy store, but a low demand for them. How does this affect the price of his action figures?

Higher prices

Lower prices

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Luke Skywalker must decide between finishing his training with Yoda or going to help his friends. Against Yoda’s wishes, Luke decides to help his friends. What is his opportunity cost?

Helping his friends

Finishing his training

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