Social Studies
5th - 6th Grade
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12 questions
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1.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
(a) is where people depend on supply, demand, and prices to determine the four economic questions.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these questions is NOT apart of the four economic questions?
How to produce
How much to produce
What to produce
How much money to spend
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these characteristics are apart of the free enterprise economy? Select ALL that apply.
economic freedom
voluntary exchange
private property
profit motive
government operated
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The economy where government owns some factors of production and participates in answering the four economic questions is called a __________ economy.
Free enterprise
Socialist
Communist
Command
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a communist economy, the ________ are controlled by the government.
factors of production
private properties
supply
demand
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The government owns and controls all resources and means of production of a ___________ economy.
market
socialist
communist
free enterprise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a free enterprise economy, you possess four characteristics. Which is NOT a part of the four characteristics?
economic freedom
voluntary exchange
profit motive
private property
All of them are the characteristics.
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