Types of economy
Authored by Insaf Souissi
Social Studies
5th Grade
Used 45+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a type of economic system?
command economy
traditional economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy does most of the world use today?
market economy
mixed economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does surplus mean?
more supply and demand
more demand than supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A country's economic decisions are based on what its people want to buy and sell.
traditional
market
command
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things you can buy to satisfy a want.
goods
earth
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many types of economy are there?
4
2
1
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This economy does not use money, instead they trade or Barter.
traditional
free
market
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