Any point outside the PPC shows ....
Introduction

Quiz
•
Social Studies
•
University
•
Hard
SALAWATI MUHAMMAD
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
efficiency
attainable
scarcity
unemployment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any point inside the PPC shows .....
efficiency
unattainable point
scarcity
waste of resources
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any point on the PPC shows ....
efficiency
unattainable point
scarcity
unemployment
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Choose 2 characteristics for capitalism economy
Public ownership of resources
Price mechanism of less importance
Consumers' sovereignty
Price system
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Choose 2 characteristics of socialism economy
Private ownership of resources
Central Planning Authority
Price mechanism of less importance
Competition
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a merit/advantage for capitalism economy.
Production according to the needs of consumers
Efficient utilization of resources
Greater variety of consumer goods
No serious unemployment or recession/inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a merit/advantage of socialism economy?
Production according to basic needs
Automatic incentives
Equitable distribution of income and wealth
Social welfare
8.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Choose 3 demerits/disadvantages of capitalism economy.
Lack of incentives and initiative by individuals
Lack of social welfare
Social cost
Inflation and high unemployment rate
9.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Choose 3 demerits/disadvantages of socialism economy
Loss of economic freedom and consumer sovereignty
Absence of competition
Inequality of distribution of wealth and income
Waste of economic resources
Similar Resources on Wayground
12 questions
SDG1

Quiz
•
1st Grade - University
10 questions
Adam Smith's Invisible Hand Theory Explained

Quiz
•
10th Grade - University
10 questions
Understanding Inflation

Quiz
•
9th Grade - University
14 questions
3.1A&B: Population size, sustainable development, demography

Quiz
•
12th Grade - University
5 questions
PPC, Comparative Advantage, Trade

Quiz
•
9th Grade - University
10 questions
Macroeconomics Quiz

Quiz
•
University
14 questions
Economic Indicators Review

Quiz
•
6th Grade - University
11 questions
Quiz - Ukraine's economy

Quiz
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade