
Economic Systems
Authored by Steven Howard
Professional Development
9th - 12th Grade

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15 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The four types of economic systems are:
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is an economic system in which the government and people are used to decide how to use scarce resources?
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is an economic system in which economic decisions are made according to social roles & culture?
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is an economic system where only the government makes the economic decisions?
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What type of economy do most countries in the world have?
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The Country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which economy is dictated by supply and demand and the buyers and sellers (consumers and producers)?
Market
Socilaism
Mixed
Command
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