US Economy

US Economy

6th - 8th Grade

24 Qs

quiz-placeholder

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US Economy

US Economy

Assessment

Quiz

Business

6th - 8th Grade

Medium

Created by

Tiffany MooreSquareMS

Used 57+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a _____________ economy, there is some government control and some free enterprise.

mixed

communist

traditional

supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Americans are free to manage their own ____________

state

property

government

laws

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______________ and quotas are the main ways the United States government controls trade.

Products

Tariffs

Foreign

International

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The _____________ is involved in the economy because it makes laws to protect businesses.

business

foreign trade

government

global economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study for how people's needs and wants are provided is ________________.

scarcity

mixed

economics

enterprise

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A term that means there is not enough of something is ____________.

supply

economics

scarcity

enterprise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the government use taxes for?

private goods and services

public goods and services

paying its own taxes

increasing consumption

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