Search Header Logo

Economics Vocab

Authored by ROBERT SAMMONS

Social Studies

6th - 7th Grade

Used 15+ times

Economics Vocab
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic system based on traditions, routines, and beliefs

Market

Command

Traditional

Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government decides what goods and services are produced

Market

Command

Traditional

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system that is managed by the people; based on supply and demand

Market

Command

Traditional

Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system that has characteristics of a traditional economy, market economy, and command economy

Market

Command

Traditional

Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the value of people’s work

human capital

capital

entrepreneurship

specialization

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

tools, equipment, buildings and vehicles used in production

human capital

capital

entrepreneurship

specialization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

people who use their money and talents to start a business

human capital

capital

entrepreneurs

specialization

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?