Economy practice
Authored by FRANK FLOOD
Social Studies
5th - 6th Grade
Used 102+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The worldwide exchange of goods and services is called -
Global interdependence
Socialism
History
Push factors
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Sam's and Costco are both examples of
retail
wholesale
Walmart
the mall
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Factors of production include land, labor, entrepreneurs and
communist economy
push factors
pull factors
capital
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In which economy does Supply and Demand play a key role?
Free enterprise economy
Socialist economy
Communist economy
All of them
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is an entrepreneur?
One with an idea and starts a business
One who works for a business
One who provides the capital. $$
A figure in history.
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
My taxes may go up 40% to pay for free healthcare for everyone.
Communist economy
Free enterprise economy
Socialist Economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The government owns the large airline but he people own the smaller businesses.
Free Enterprise economy
Socialist economy
Communist economy
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