
Economics and Government Review
Authored by Dillon Stuart
Social Studies, History
6th Grade
Used 43+ times

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28 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economic system where the government tells people what jobs they will have and what prices they will pay is called a...
Command Economy
Market Economy
Barter Economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the 3 basic economic Questions all economies must answer:
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the three basic economic systems:
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic system based on custom, traditions and the past
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In a command economy, decisions about what, how and for whom to produce are determined by:
the government
cultural; traditions
supply and demand
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who takes a risk to start a business. Ex. Bill Gates, founder of Microsoft
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do the economic systems of the UK, Germany, and Russia have in common?
all are examples of pure market economies
all are examples of mixed economies
all are examples of traditional economies
all are examples of command economies
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