Economy in Africa
Authored by Courtney Morgan
Social Studies
7th Grade
Used 15+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a traditional economy?
An economy where the government controls production and makes all decisions.
An economy where the government has minor control.
An economy that's based on traditions, customs, and beliefs.
An economy that contains elements from market, command, and traditional.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a mixed economy?
An economy where the government controls production and makes all decisions.
An economy where the government has minor control.
An economy that's based on customs, beliefs, and traditions.
An economy that contains elements of market, command, and traditional.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a command economy?
An economy where the government controls production and makes all decisions.
An economy where the government plays a minor role.
An economy that's based on customs, beliefs, and traditions.
An economy that contains elements of market, command, and traditional.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a market economy?
An economy where the government controls production and makes all decisions.
An economy where the government plays a minor role.
An economy that's based on customs, traditions, and beliefs.
An economy that contains elements of market, command, and traditional.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a tariff?
When a limited amount of production can be imported.
A tax placed on goods
When a country will no longer trade with another country
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is quota?
When a limited amount of production can be imported.
A tax placed on goods.
When a country will no longer trade with another country.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is embargo?
When a limited amount of production can be imported.
A tax placed on goods.
When a country will no longer trade with another country.
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