4.2 Economic Systems
Quiz
•
Social Studies
•
7th Grade
•
Medium
Susan Reed
Used 2+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
makes all of the decisions in a command economy
private citizens
the government
United Nations
local mayor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This country's oil industy is heavily regulated by the government.
Turkey
Israel
Saudi Arabia
Iraq
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this type of economic system, ideally citizens own all the country's land, resources, and factories?
market
traditional
command
mixed
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most democratic nations have economic systems that are a(n) ___ of market and command.
mix
component
element
fusion
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the three countries is the most market leaning?
Turkey
Israel
Saudi Arabia
Afghanistan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a traditional economy, goods and services are exchanged through
market
currency exchange
bartering
command
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economic systems is based on customs and traditions?
market
command
traditional
mixed
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which type of economic system are the price of goods and services controlled by the government?
market
command
traditional
mixed
9.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which country has the largest economy in the Middle East?
Saudi Arabia
Israel
Turkey
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