
Unit 2.8 Exam
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Hard
Michael White
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following items is found in all economic systems:
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The most common medium of exchange in modern economic systems is
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
One of the reasons that a country needs an economic system is because it
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following types of economic systems adopts the fewest new ideas and improvements:
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In a __________ economy, the government controls the economic system and does not allow private ownership of the means of production and distribution.
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Government owns some basic means of production, but there is private ownership of business under
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In a __________ economy, individuals and businesses own the means of production and distribution with limited government regulation.
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