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Europe Economics

Authored by Andrew Espinosa

Social Studies

6th Grade

Used 115+ times

Europe Economics
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advantage does a pure market economy have?

There's no use of money involved only bartering

Skill are passed down from generation to generation

Economic growth is slower than the other types of economic system

Experience more economic growth than the other types of economic systems

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What best describes a traditional economy?

People learn a new skill and job different than their parents; lots of technology is used

Jobs and skills are passed down from generation to generation; no modern technology; basic needs are met

Everything is done with high technology; money isn't used but debit and credit cards are

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would cause a country's economy to move to the command side (left) on the economic continuum?

Less government involvement such as laws being removed to stop poorly made products from being sold

More government involvement such as laws created to stop poorly made products from being sold

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economic system are most countries around the world, including Europe?

Traditional Economic System

Command Economic System

Marked Economic System

Mixed Economic System

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country leans closer to the command side on the economic continuum?

United Kingdom

Germany

Russia

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been happening to Russia's economy since the collapse of the Soviet Union?

Moving closer to the pure command

Moving closer to the pure market side

Moving closer to a traditional economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This country has the most government involvement in its economy with many government regulations

United Kingdom

Germany

Russia

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