Latin America: Economic Systems

Latin America: Economic Systems

6th Grade

8 Qs

quiz-placeholder

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Latin America: Economic Systems

Latin America: Economic Systems

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Mark Cooley

Used 10+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

A traditional economy is based on _________________.

Tradition
Only supply and demand
Manufacturing
Factories

2.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

A traditional economy largely depends on _________________.

Technology
Skyscrapers
Airplanes
Agriculture

3.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

In which type of economy does the government make all the decisions?

Market
Command
Republic
Tradition

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

A command economy is typically operated by _____________.

Dictator
Prime Minister
President
Traditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

In a command economy , the people own all the businesses.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Which of the following is a negative aspect of command economies?

Based on supply and demand
The citizens often regulate the economy.
The citizens make all of the money
The government limits entrepreneurship

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Which type of economy does Mexico have?

Mixed
Communist
Command
Traditional

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mexico has an economy based on _______________.

Limited trade

Minimal trade

Government control

Trade, manufacturing, services, and finance