Types of Economies
Quiz
•
Social Studies
•
6th - 7th Grade
•
Practice Problem
•
Hard
Jennifer Wood
Used 79+ times
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26 questions
Show all answers
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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