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Economics

Authored by Laurie Swink

Social Studies

5th Grade

Used 6+ times

Economics
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23 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy means that people do traditional jobs, like farming, hunting and fishing to survive?

Command Economy

Traditional Economy

Market Economy

Communist Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is where the economy is completely controlled by the government. People can't own resources and the government decides what will be produced and how much people will be paid.

Traditional Economy

Command Economy

Market Economy

Capitalist Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is when the government controls only the parts of the economy that affect people's well being. Individuals and businesses run other businesses.

Communist Economy

Capitalist Economy

Market Economy

Socialist Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the type of government that Cuba has.

Communist Economy

Capitalist Economy

Market Economy

Socialist Economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the type of government that the United States has.

Communist Economy

Capitalist Economy

Market Economy

Socialist Economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

US capitalism is sometimes called the __________.

Free-Enterprise System

Communist Economy

Open Choice Economy

Socialist Economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Farming, mining, and fishing are __________ industries.

Primary Industry

Secondary Industry

Tertiary Industry

Quaternary Industry

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