Economies of Europe

Economies of Europe

6th Grade

20 Qs

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Economies of Europe

Economies of Europe

Assessment

Quiz

Social Studies

6th Grade

Practice Problem

Hard

Created by

John Buning

Used 112+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is not one of the three economic questions that every country must answer?

What to produce?

How to produce?

For who to produce?

How to consume?

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Why do countries specialize?

Because no country has all of the resources necessary to produce all the good its animals need
Because all countries have all of the resources necessary to produce all the good its people need
Because no country has all of the resources necessary to produce all the good its people need
Because no country has none of the resources necessary to produce all the good its people need

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How does a command economic system answer the 3 economic questions

Government makes all decisions
Government makes some decisions
Government makes no decisions
Government makes all choices for citizen lives

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of economic systems are mostly found in Europe?

Most of them are primarily market economies with elements of command economies

Most of them are nearly pure market economies, and the rest are command economies

Most of them are command economies, and the rest are nearly pure market economies.

Most of them are primarily command economies with elements of market economies

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of economic system is found in Russia 

Mixed, moving away from command since 1991 
Market, moving away from command since 1961 
Mixed, moving away from traditional since 1991 
Mixed, moving away from socialism since 1989 

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

How do investments in human capital help improve a nation's economy?

by reducing competition between businesses

by improving access to natural resources

by improving the job skills of the population

by reducing the efficiency of production

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In a market economy, economic decisions are based on

What previous generations produced

What resources are available

What the government says

Supply and Demand

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