Economic Systems
Authored by Jeremy Cahow
Social Studies
6th - 12th Grade
Used 80+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Communism is an economic system with private ownership of property.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capitalism is an economic system with private ownership of property.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy the government determines demand and goods produced.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The factors of production are capital, land, and schooling.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The government controls the factors of production in a planned economy.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Canada is a communist country.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cuba and North Korea are communits countries.
True
False
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