European Economics

European Economics

5th - 6th Grade

35 Qs

quiz-placeholder

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European Economics

European Economics

Assessment

Quiz

Social Studies

5th - 6th Grade

Practice Problem

Medium

Created by

Kathrine Thomas

Used 104+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four types of economies?

Tribal, Governmental, Market, and MIxture

Traditional, Command, Market, and Mixed

Store, Tsar, Mixture, and Tribal

Traditions, Commanders, Markets, and Mixtures

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what economy are all resources shared?

Traditional

Command

Market

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what economy are all the resources owned or regulated by the government?

Traditional

Command

Market

Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what economy are resources owned by individuals?

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what economy are the resources balanced between government and individual ownership?

Traditional

Command

Market

Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three economic questions every country must answer?

What to do, How to do it, and Who to do it for?

Where to go, How to get there, and Who to send there?

What to produce, How to produce it, and Whom to produce for?

Who to vote for, How to vote for them, and Why they should vote?

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a command economy who answers the three main economic questions?

individuals

the government

the group

both the government and the individuals

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