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Types of Economies

Authored by Jennifer Wood

Social Studies

6th - 7th Grade

Used 80+ times

Types of Economies
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26 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The choices people make are determine by the environment.

Traditional

Command

Market

Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers have few, if any, choices in the market.

Traditional

Command

Market

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Factories are solely concerned with quotas (production numbers that are set).

Traditional

Command

Market

Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

No competition

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic activities are centered on the family, tribe, or ethnic groups.

Traditional

Command

Market

Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resources are handed out based on inheritance (passing down).

Traditional

Command

Market

Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government or other central authority makes all the economic decisions.

Traditional

Command

Market

Mixed

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