Social 9 - Ch 6 - Economic Systems

Social 9 - Ch 6 - Economic Systems

9th Grade

17 Qs

quiz-placeholder

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Social 9 - Ch 6 - Economic Systems

Social 9 - Ch 6 - Economic Systems

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Easy

Created by

Merry Franz

Used 220+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The STUDY of the production, distribution and consumption of goods and services

Economics

Scarcity

Market economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economy that combines private ownership and government control.

Economics

Economic system

Mixed economy

Market economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economy where there is NO government involvement. It is primarily based on the choices of consumers and businesses

Command (planned) economy

Mixed economy

Market economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economy where the government makes all of the decisions about how it will run

Command (planned) economy

Scarcity

Mixed economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the idea that land (materials), labour and capital (money) limit the supply of what people want and need (IE there is never enough to go around)

Command (planned) economy

Scarcity

Privately owned

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

in economics, the part of the economy owned and controlled by businesses and individuals

Publicly owned

Scarcity

Privately owned

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

in economics, the part of the economy owned and controlled by government and paid for with taxes

Publicly owned

Scarcity

Public good

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