Search Header Logo

Unit 1/ Unit 2 Economics test

Authored by Danesha Kendrick

History

12th Grade

Used 4+ times

Unit 1/ Unit 2 Economics test
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

44 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

In this type of economy, the people decide the supply, demand, and price.  

Market 
Traditional
Command 
Mixed

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

This type of economy is passed down through family traditions. They learn from their parents. 

Traditional 
Market 
Mixed 
Command 

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy has central ownership, the government, and lack of individual choice?

Market

Mixed

Command

Traditional

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy is usually paired with a Communist government?

Mixed
Market
Command
Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capitalism is in what type of economy?

Traditional

Command

Market

Authortarian

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money a business makes after its expenses are paid

profit

supply

demand

scarcity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What do economists mean by the term "scarcity"?

Having too few or too little of resources

Having too many resources

Having just enough resources

Having the correct amount of resources

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?