Economic Systems
Authored by DAVID NEWCOMB
Business
9th - 12th Grade
Used 260+ times
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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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