Each society answers the three basic economic questions based on
Economic Systems Review

Quiz
•
Social Studies
•
12th Grade - University
•
Medium
Karen Watt
Used 100+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Its unique combination of values and goals
the number of factor payments
its degree of economic growth
the desire to achieve economic freedom
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A system to protect people experiencing unfavorable economic conditions
innovation
standard of living
safety net
profit
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The income people receive for supplying factors of production
profit
safety net
innovation
factor payments
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An economic goal where a system makes the most of scarce resources using resources wisely and productively
Economic Freedom
Economic Equity
Economic Efficiency
Economic Growth
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the method used by a society to produce and distribute goods and services
economic system
standard of living
innovation
traditional economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
To improve its standard of living, a nation's economy must
remain stable
grow through innovation
achieve economic equity
allow the central government to make economic decisions
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the level of economic prosperity
standard of living
economic freedom
factor payments
profit
Create a free account and access millions of resources
Similar Resources on Quizizz
15 questions
Econ Ch3

Quiz
•
12th Grade
12 questions
W1 CW: Traditional vs Command

Quiz
•
10th Grade - University
15 questions
Traditional Economies

Quiz
•
6th Grade - University
13 questions
LPG

Quiz
•
9th Grade - University
15 questions
Fiscal Policy

Quiz
•
12th Grade
15 questions
Why People Live in Cities

Quiz
•
4th Grade - University
12 questions
EPF Unit 1.1

Quiz
•
12th Grade
10 questions
Economic Systems

Quiz
•
9th - 12th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
20 questions
Math Review - Grade 6

Quiz
•
6th Grade
20 questions
math review

Quiz
•
4th Grade
5 questions
capitalization in sentences

Quiz
•
5th - 8th Grade
10 questions
Juneteenth History and Significance

Interactive video
•
5th - 8th Grade
15 questions
Adding and Subtracting Fractions

Quiz
•
5th Grade
10 questions
R2H Day One Internship Expectation Review Guidelines

Quiz
•
Professional Development
12 questions
Dividing Fractions

Quiz
•
6th Grade
Discover more resources for Social Studies
67 questions
Course Recap Ptho May25

Quiz
•
University
10 questions
Juneteenth: History and Significance

Interactive video
•
7th - 12th Grade
8 questions
"Keeping the City of Venice Afloat" - STAAR Bootcamp, Day 1

Quiz
•
9th - 12th Grade
20 questions
Understanding Linear Equations and Slopes

Quiz
•
9th - 12th Grade
6 questions
Railroad Operations and Classifications Quiz

Quiz
•
University