Types of Economy

Types of Economy

6th - 8th Grade

18 Qs

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Types of Economy

Types of Economy

Assessment

Quiz

Social Studies

6th - 8th Grade

Practice Problem

Easy

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18 questions

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1.

LABELLING QUESTION

1 min • 1 pt

Label A on the economic continuum is what type of economy?

a

Market

Command

Mixed

2.

LABELLING QUESTION

1 min • 1 pt

Label C on the economic continuum is what type of economy?

b

Command

Mixed

Market

3.

LABELLING QUESTION

1 min • 1 pt

Label C on the economic continuum is what type of economy?

c

Command

Mixed

Market

4.

DRAG AND DROP QUESTION

1 min • 1 pt

Market economies use ​ (a)   and ​ (b)   to guide economic decisions.

supply
demand
government input
customs
habits of the past

5.

MATCH QUESTION

1 min • 1 pt

Match the following countries to the correct type of economy.

Germany

Command Ecocomy

United Kingdom

Market Economy

Brazil

Mixed Command Economy

Cuba

Mixed Market Economy

Mexico

Mixed Economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic system barters for goods because there isn't currency?

Traditional Economy

Command Economy

Mixed Economy

Market Economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a ______________, the government makes all the basic economic decisions.

Traditional Economy

Command Economy

Mixed Economy

Market Economy

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