Economics Word Wall Review

Economics Word Wall Review

7th Grade

10 Qs

quiz-placeholder

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Economics Word Wall Review

Economics Word Wall Review

Assessment

Quiz

others

7th Grade

Practice Problem

Medium

Created by

Kristin Getchell

Used 18+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of all goods and services produced in a country in a single year

Gross Domestic Product (GDP)
command economy
developed country
developing country
economics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system that is based on barter and trade. Relies heavily on agriculture.

traditional economy
command economy
developed country
developing country
economics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system in which the central government makes all economic decisions

command economy
developed country
developing country
economics
globalization

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system based on free trade and competition

market economy
command economy
developed country
developing country
economics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Countries with less productive economies and a lower quality of life

developing country
command economy
developed country
economics
globalization

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Countries with strong economies and a high quality of life

developed country
command economy
developing country
economics
globalization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic value of a person's skills and abilities

human capital
command economy
developed country
developing country
economics

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