
Chapter 1, Lesson 3 - Role of Government in Economic Systems
Authored by Andy Tilmon
Social Studies
9th - 12th Grade
Used 13+ times

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10 questions
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1.
REORDER QUESTION
1 min • 4 pts
Reorder the following based on the level of economic freedom (first = most freedom and last = least amount of freedom)
Socialism
Pure capitalism
Communism
Mixed-market Economy
2.
MATCH QUESTION
1 min • 3 pts
What is the government's role in each economic system?
Determine use of resources, distribute products and wages
Socialism
Decides what to produce, how much and how to distribute what is produced
Communism
None
Capitalism
3.
MATCH QUESTION
1 min • 3 pts
To what degree does the government get involved in each of the following economic systems?
Significant involvement
Socialism
Complete involvement (Command Economy)
Capitalism
None (Free Market Economy)
Communism
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The United States is best described as an example of a(n)...
pure capitalist economy
mixed-market economy
socialist economy
communist economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic system that emphasizes freedom of choice and individual incentive
capitalism
socialism
laissez-faire
communism
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Meaning "to let alone" or "let it be"; this is an essential element of capitalism.
free market
bourgeoisie
laissez-faire
proletariat
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic system in which buyers and sellers make free choices in the marketplace.
free market
bourgeoisie
laissez-faire
proletariat
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