Economics
Quiz
•
Social Studies
•
6th Grade
•
Practice Problem
•
Medium
Tamita Reed
Used 6+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy, the people own all the businesses.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a negative aspect of command economies?
Based on supply and demand
The citizens make all of the money
The citizens often regulate the economy
The government limits entrepreneurship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy does Mexico have?
Mixed
Communist
Command
Traditional
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mexico has an economy based on:
limited trade
minimal trade
Government control
trade, manufacturing, service, and finance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A traditional economy is based on ___.
tradition
only supply and demand
manufacturing
factories
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A traditional economy largely depends on____.
Technology
Skyscrapers
Airplanes
Agriculture
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which type of economy does the government make all the decisions?
market
command
traditional
mixed
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