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Economics Chapter 2

Authored by Laura Vaughn

Social Studies

9th Grade

Used 2+ times

Economics Chapter 2
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23 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The four types of economic systems are: 

Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A command economy is when the government is in control.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an economic system in which economic decisions are made according to social roles & culture?

Market economy
Command economy
Traditional economy
Mixed economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

There are four types of economic systems.  Most economies are _____. 

Traditional 
Command 
Market 
Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This type of government typically goes with the Command Economy.  

Democracy
Republic
Autocracy
Communism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The government has little to no role in the production of goods in this type of economy. 

Traditional 
Mixed
Command 
Market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do businesses provide for consumers according to the circular flow model?

goods and services
only goods
only services
taxes

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