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Market, traditional, command economy

Authored by MIRIAM MARTIN

Specialty

10th Grade

Used 6+ times

Market, traditional, command economy
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of economic system is people making and growing their own food?

Traditional

Command

Market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which economic system is based on government control?

Traditional

Command

Market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which economic system do people grow and make things based on history and tradition?

Traditional

Command

Market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which economic system does the government control all the resources?

Traditional

Command

Market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristics of a market economy?

lack of choice
individual choice
competition
central ownership of property

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is run by the businesses & business owners?

Command
Mixed
Communist
Market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under a command system, who owns the factors of production?

Consumers
Elders
Government
Businesses

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