Economics Review

Economics Review

6th Grade

15 Qs

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Economics Review

Economics Review

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Arbene Harper

Used 14+ times

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15 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select ALL of the indicators/ factors for analyzing a countries standard of living.

Literacy Rate

Life Expectancy

Average Income

Economic Activities

Criminal activity

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the options describe a command economy?

A command economy is when a producer and consumer have choice.

A command economy is when the government makes all economic decisions.

A command economy is when the government has some rules and regulations BUT producers and consumers have choice.

Command economy???? What is that????

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the options describe a market economy?

A market economy is when a producer and consumer have choice.

A market economy is when the government makes all economic decisions.

A market economy is when the government has some rules and regulations BUT producers and consumers have choice.

Market economy???? What is that????

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the options describe a mixed economy?

A mixed economy is when a producer and consumer have choice.

A mixed economy is when the government makes all economic decisions.

A mixed economy is when the government has some rules and regulations BUT producers and consumers have choice.

Mixed economy???? What is that????

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Miguel's government has decided what type of job he will have. The government also determines how much of a good or service that he gets. What type of economy does he live in?

Market economy

Mixed economy

Command economy

Who is Miguel???

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cardi B is able to sell her music at any price she sees fit. However, the government has copywrite laws that says that the music must be HER own thoughts and ideas and not that of someone else.


What type of economy does she live in?

Market economy

Command economy

Mixed Economy

I thought Cardi B was divorcing Offset... Like what happened???

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What price is the equilibrium price?

$25

$50

$100

$200

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