Economic Systems formative
Authored by Stanley Maletz
History
8th Grade
CE covered
Used 11+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a form of business organization with two or more owners who share the risks and the profits
coop
corporation
partnership
proprietorship
Tags
CE.12c
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Containing elements of more than one system
command
market
mixed
traditional
Tags
CE.11b
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Centrally planned economy—Government tells you what to make
command
market
mixed
traditional
Tags
CE.11b
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a form of business organization that is authorized by law to act as a legal entity regardless of the number of owners
Coop
Corporation
Partnership
Proprietorship
Tags
CE.12c
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
how much will be produced at a given price
consumption
demand
supply
want
Tags
CE.11a
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
basic requirements for human life (food, clothing, shelter)
consumption
demand
needs
supply
Tags
CE.11a
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
how much will be consumed at a given price
consumption
demand
needs
supply
Tags
CE.11a
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