B.E. 2.03-2.04 Vocabulary
Authored by Duncan Everett
Other
9th - 12th Grade
Used 8+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: An economic system in which all or many of the means of production and distribution are owned and controlled by the government
Command economy
Communism
Economic System
Market Economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: A command economic system in which the government controls the economic system and does not allow private ownership of the means of production and distribution
Communism
Economic System
Market Economy
Socialism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: The organized way in which a country handles its economic decisions and solves its economic problems
Economic System
Market Economy
Socialism
Traditional Economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: An economic system in which the questions of what, how, and for whom goods will be produced are answered by individuals and businesses in the marketplace
Market Economy
Socialism
Traditional Economy
Command Economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: A modified command economic system in which government owns the basic means of production and allows private ownership of businesses as well
Socialism
Traditional Economy
Command Economy
Communism
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: A modified command economic system in which government owns the basic means of production and allows private ownership of businesses as well
Traditional Economy
Command Economy
Communism
Economic System
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word best describes: An individual who: invents, develops, and distributes a good or provides a service; assumes the risks of starting and building a business; and receives personal and financial rewards for her/his efforts
Entrepreneur
Private Enterprise System
Small Business
Market Economy
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
