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Latin America Economic Systems (Traditional/Command/Market)

Authored by Catherine Evoy

Social Studies

6th Grade

Used 25+ times

Latin America Economic Systems (Traditional/Command/Market)
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which roles and jobs are inherited.

Traditional

Command

Market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which roles and jobs are determined by the government.

Traditional

Command

Market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which the citizens dictate what goods and services to sell.

Traditional

Command

Market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which supply and demand make prices fluctuate.

Traditional

Command

Market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which the government owns industries and resources.

Traditional

Command

Market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which bartering is common.

Traditional

Command

Market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which the government controls wages and production quotas.

Traditional

Command

Market

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