Types of Economies - Descriptors
Authored by Taylor Lovejoy
History
8th Grade
Used 3+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Central government makes all economic decisions
Traditional
Command
Free Market
Mixed
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Government plays no role in the economy.
Traditional
Command
Free Market
Mixed
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Businesses are not controlled by government or run for profit
Traditional
Command
Free Market
Mixed
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
There is no competition
Traditional
Command
Free Market
Mixed
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Government and invdividuals share in the decision making process
Traditional
Command
Free Market
Mixed
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Decisions are based on customs and history
Traditional
Command
Free Market
Mixed
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
All resources and prperty are privately owned
Traditional
Command
Free Market
Mixed
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