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Economic Systems Review

Authored by Fitzgerald Ross

Social Studies

7th Grade

Used 33+ times

Economic Systems Review
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13 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The government makes ALL economic decisions.

Mixed

Market

Command

Traditional

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

If your parents were peanut farmers, then you would be a peanut farmer also.

Mixed

Command

Traditional

Market

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Most democratic countries are this.

Mixed

Command

Traditional

Market

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Cuba and North Korea are close to having this type of economic system.

Mixed

Command

Traditional

Market

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Businesses (run by private citizens) determine what goods/services are produced and how they will be made.

Mixed

Command

Traditional

Market

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The system where bartering is used.

Mixed

Command

Traditional

Market

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Communist countries have systems close to this type.

Mixed

Command

Traditional

Market

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