Economic Economies
3rd Grade
•26 Qs
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Economic Economies
Quiz
•
History
•
3rd Grade
•
Medium
Marianna Brown
Used 2+ times
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26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company owned by a private owner
Capitalism
Socialism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prices determined by supply and demand
Capitalism
Socialism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Redistribution of income (distributing wealth and income)
Capitalism
Socialism
Communism
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Health care left to the free-market (left to privately owned businesses to provide)
Capitalism
Socialism
Communism
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Promotes competition
Capitalism
Socialism
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Price control (maximum amount on prices)
Capitalism
Socialism
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is communism
government run by the people
government owns and regulates SOME parts of the economy for benefit of the people
government owns/regulates ALL aspects of the economy
individuals and private businesses own everything and make economic decisions without government involvement.
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