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4 Types of Economies

Authored by Laura Storino

Business

9th - 12th Grade

Used 603+ times

4 Types of Economies
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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many different types of economies are there?

1

2

3

4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economic system bases its decisions on custom?

Market

Command

Mixed

Traditional

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is controlled by the government?

Market

Command

Mixed

Traditional

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is run by the businesses and business owners with no government involvement?

Market

Command

Mixed

Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is based on traditions and beliefs?

Market

Command

Mixed

Traditional

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy would most likely have a dictator?

Market

Command

Mixed

Traditional

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economy does the United States have?

Command

Traditional

Mixed

Market

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