U1 Political & Economic Systems Review
Authored by Kathleen Beck
Geography
7th Grade
Used 17+ times
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34 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one problem that occurred as a result of the command economy in the Soviet Union?
shortages
distribution increased too quickly
they grew too many potatoes
production increased slowly
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the price of an item affected by low consumer demand and a large supply of the item?
the price will decrease
the price will increase
the price will stay the same
services will fail
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic decisions are made by individuals as opposed to the government.
market economy
command economy
common purpose of government
factors of production
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the price of an item affected by high consumer demand & low supply?
the price will increase
the price will decrease
no change in price at all
services will fail
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government decides what will be produced, how much will be produced, & how much goods & services will cost
command economy
import
market economy
natural resources
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an organized way a society uses to produce, distribute, and consume goods and services
economic system
profit
natural resources
political system
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
workers and their abilities, talents, training, skills, and knowledge, used to produce goods or services
human resources
capital resources
natural resources
market economy
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