Economic Systems

Economic Systems

9th - 12th Grade

15 Qs

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Economic Systems

Economic Systems

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a country which operates under a traditional economy?

North Korea

Cuba

Ecuador

Sweden

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT one of the four economies the United States has experienced?

Agricultural economy

Industrial economy

Service economy

Technology economy

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a country which operates under control/socialism?

France

Mexico

Canada

Italy

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An entrepreneur does NOT do which of the following with the risks of a business or enterprise?

Manages

Assumes

Organizes

Displaces

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following economic systems allows citizens full freedom in choosing a career and workplace?

Capitalism

Fascism

Socialism

Communism

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT one of the three main economic systems?

Communism

Fascism

Socialism

Capitalism

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Complete governmental control is a characteristic of which of the three main economic systems?

Communism

Socialism

Capitalism

Complete control is not a characteristic of any of the three main economic systems

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