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Economies

Authored by Ashlee Broussard

History, Social Studies

4th - 8th Grade

Used 16+ times

Economies
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23 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of economy is it where individuals decide for themselves what to produce based on supply and demand

Traditional Economy

Communist Economy

Market Economy

Demand Economy

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

economy based on government regulations and supply and demand

Market Economy

Mixed Economy

Traditional Economy

Command Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economy in which production is based on customs and traditions

Traditional Economy

Market Economy

Mixed Economy

Supply and Demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

economy in which the government makes all of the decisions

Command Economy

Market Economy

Traditional Economy

Mixed Economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the different ways that regions manage their wealth and resources

Economic System

Supply and Demand

Consumer

Producer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

deciding how much to produce and who will want it

supply and demand

goods

wants

Free Enterprise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

to put money into a project/business

invest

supply and demand

economy

produce

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