Economic Systems True/False Chapter 6

Economic Systems True/False Chapter 6

9th Grade

16 Qs

quiz-placeholder

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Economic Systems True/False Chapter 6

Economic Systems True/False Chapter 6

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Easy

Created by

Doug Bolander

Used 94+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The two basic "factors of production" are supply and demand.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Canada has a market economy and the U.S. has a mixed economy.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Canadian Museum of Civilization is a Crown corporation, because it is owned by the government of Canada.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The North American Free Trade Agreement is an example of a "shift right," because it supports less government involvement in the economy.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Competition and monopoly mean the same thing. They both happen when one producer controls all supply of a product or service.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Canada's position on the economic continuum shifts between a mixed economy and a market economy.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Pensions for senior citizens and publicly funded health care are examples of a "shift left."

True

False

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