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economic: capitalism and socailism

Authored by manita meng

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11th Grade

Used 2+ times

economic: capitalism and socailism
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is economic system?

a way how society produce and distribute

goods and services

lady gaga

supply and demand

opportunity cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

if the government makes bob produce 70 shirts what economic system is this?

Command

Mixed

Traditional

Market

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

which economy is dedicated by supply and demand and the buyers and sellers ?

(a)  

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A mixed economy combines the best parts of which other economies?

Market and demand

Traditional and market

Market and command

Command and traditional

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

this type of economy, is passed through family

traditions they learn from their parents

(a)  

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

when customers and business owners exchange product and money they are

(a)  

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

the concept that people have the right and privilege to control their possessions

(a)  

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