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Weekly Quiz

Authored by Brennen Harris

Geography, Social Studies

10th Grade

Used 5+ times

Weekly Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economic system bases its decisions on custom?

Market Economy

Mixed Economy

Command Economy

Traditional Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economy has central ownership and lack of individual choice?

Market Economy

Mixed Economy

Command Economy

Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is run by the businesses & business owners?

Command
Mixed
Communist
Market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Government owns resources and controls production, prices, and wages.

traditional
command
market 
mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Prices and wages are determined by producer supply and consumer demand.

traditional
command
market
mixed

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If I produce meat but, the government has to check to make sure I can put this product on the market, what economic system is this?

Mixed
Traditional
Market 
Command

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a tertiary economic activity?

Teacher

CEO

fisherman

factory worker

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