Latin American Economics 1

Latin American Economics 1

6th - 8th Grade

18 Qs

quiz-placeholder

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Latin American Economics 1

Latin American Economics 1

Assessment

Quiz

Social Studies

6th - 8th Grade

Medium

Created by

Kathrine Thomas

Used 162+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an economy?

The way people spend money in a civilization.

The way people make and spend money.

The way people dance with their hands in the air and wave them like they just don't care.

The way people become educated and skilled in a school.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which question below is one of the three economic questions every country must answer?

What should the King buy?

What should the people do when tired?

What should be made?

What animal should represent our country?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which question below is one of the three economic questions every country must answer?

How will we produce what we decide to produce?

How should we deliver our products?

How should we apply an additional tax for delivery?

How can we travel?

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which question below is one of the three economic questions every country must answer?

Who are we delivering to?

Who do we plan to use for distribution?

Who is the producer?

Who will consume what is produced?

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four types of economies?

michelin, market, mixed, oligarchic

democratic, autocratic, republican, and oligarchic

mixed, command, autocratic, and market

command, traditional, mixed, and market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who makes economic decisions in a traditional economy?

the people

the tribe or group

the dictator

the buyers and sellers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who makes economic decisions in a command economy?

the people

the government

the tribe

the buyers and sellers

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