Economic Systems
Quiz
•
Other
•
10th - 11th Grade
•
Practice Problem
•
Medium
Adekola Afolabi
Used 95+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Nigeria adopts __________ economic system
capitalist
socialist
mixed
pure market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economic system allows the government to decide what to produce, how to produce and for whom to produce?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economic system is based on customs and beliefs?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The four types of economic systems are:
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In a command economy, who holds power over the economy?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the government makes me produce 70 T-Shirts, what economic system is this?
Mixed
Traditional
Socialism
Market
7.
MULTIPLE CHOICE QUESTION
30 sec • 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?
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