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Econ Unit #1

Authored by Tanya Broyan

Social Studies

7th - 8th Grade

Used 11+ times

Econ Unit #1
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Even though the U.S. is not this type of economy, we use many characteristics of this economy. For example, competition

Free Market

Command

Traditional

Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government and private business owners share decision making.

Free Market

Command

Traditional

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers are not protected from businesses because their is no government involvement.

Free Market

Command

Traditional

Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of economy only produce what is needed to survive.

Free Market

Command

Traditional

Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Central authority or government owns all resources and makes all decisions.

Free Market

Command

Traditional

Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most common economy in the world.

Free Market

Command

Traditional

Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People often perform the same type of work as their parents and grandparents.

Free Market

Command

Traditional

Mixed

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