
Economic Systems
Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Makayla Imrie
Used 3+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The four types of economic systems are:
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A command economy is when the government is in control.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economic system in which the government and people are used to decide how to use scarce resources?
Market economy
Command economy
Traditional economy
Mixed economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economic system in which economic decisions are made according to tradition & culture?
Market economy
Command economy
Traditional economy
Mixed economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an economic system where only the government makes the economic decisions?
traditional economy
free enterprise
mixed economy
command economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy do most countries in the world have?
Market economy
Command economy
Traditional economy
Mixed economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?
Traditional
Market
Command
Centrally Planned
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