Economic Systems Certification Quiz

Economic Systems Certification Quiz

9th - 12th Grade

31 Qs

quiz-placeholder

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Economic Systems Certification Quiz

Economic Systems Certification Quiz

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Matthew Johnson

Used 24+ times

FREE Resource

31 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economic system bases its decisions on custom?

Market Economy
Mixed Economy
Command Economy
Traditional Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic equity is the ________ with which an economy distributes its resources and wealth.

traditions

fairness

unfairness

all of these

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic _____________ is the ability to make our own economic decisions without interference from the government.

freedom

constraint

opportunites

dead end

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Innovation (new ways of doing things) plays a large role in advancing an economy toward which economic goal?

Economic Security

Economic Equity

Economic Freedom

Economic Growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most modern economies today are ______ economies.

market

traditional

command

mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a ___________ economy, decisions about production and consumption are made by the government.

market

mixed

command

free enterprise system

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________ economy is an economic system in which economic decisions are left up to individual producers and consumers.

Mixed

Command

Traditional

Market

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