Economy II

Economy II

9th - 12th Grade

20 Qs

quiz-placeholder

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Economy II

Economy II

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Rick Robisch

Used 2+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which type of economy has central (government) ownership and lack of individual choice?

Market Economy
Mixed Economy
Command Economy
Traditional Economy

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which type of economy has the government making all decisions?

Market
Mixed
Traditional
Command

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If I produce meat but, the government has to check to make sure it is up to the right standards to put on the market, what economic system is this?

Mixed
Traditional
Market 
Command

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Individuals own resources and determine what and how to produce. 

traditional
command
market
mixed

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

How would a free market economy be described?

An economy in which decisions are made by the government.
The international exchange of goods.
An economy based on supply and demand with little or no government control
An economy that is communist

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

In a command economy, who keeps all of the profits?

Government

Citizens

Businesses

None of the above

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of economy does the United States have?

Command

Traditional

Mixed

Market

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