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Economic Systems Quiz

Authored by Andrea McPhall

History

8th Grade

10 Questions

Used 4+ times

Economic Systems Quiz
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The former Soviet Union was an example of what kind of economic system?

Command

Market

Mixed

Traditional

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic system allows for the most individual freedom?

Command

Market

Traditional

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which economic system does the government have the most control?

Market

Mixed

Command

Traditional

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which economic system do individuals do things based on customs & beliefs?

Command

Market

Mixed

Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the economic system of most communist countries?

Traditional

Command

Market

Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do traditional economies exchange goods?

using currency

writing a check

bartering

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is closest to a true Market economy?

U.S.

Germany

Australia

Austria

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