Types of Economic Systems Practice

Types of Economic Systems Practice

6th Grade

7 Qs

quiz-placeholder

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Types of Economic Systems Practice

Types of Economic Systems Practice

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Morgan Bush

Used 2+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

Traditional Economy Involves bartering or trading

false

true

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A command economy is

Based on its citizens

controlled by the government

run by trading and bartering

a mix between traditional and free enterprise

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

what economy is a combonation of a market and command economy?

traditional

mixed

Yes

Command

4.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Which economic system is based on customs and beliefs, people will do the same work as their parents, and the exchange of goods is through bartering (no money)?

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

3 mins • 5 pts

Which of the following BEST describes a market system?

The government provides services, such as telephones and television.

A person can start any legal business and charge any price.

The government provides food and housing to all workers.

Businesses are owned by the government.

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

In my country my job is the same one that my family has done over the past 200 years.

Traditional

Command

Market

Mixed

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

What are the 3 economic questions?
What to produce? How To Produce? For whom to produce?
Who to produce? Why you produce? Like to produce?
Why to produce? Tell who to produce? Things to produce?