
Economic Systems
Authored by Jovan McFarquhar
Social Studies
6th Grade
Used 29+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the three main types of economies?
Capitalist, socialist, communist
Agricultural, industrial, service-based
Democratic, authoritarian, theocratic
The three main types of economies are traditional, command, and market economies.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Hannah, Jackson, and James are studying different types of economies in their social studies class. They learned about an economy that relies heavily on customs, traditions, and rituals. Can you recall the name of this type of economy?
Traditional economy
Socialist economy
Capitalist economy
Command economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a school project, Emma, Noah, and Priya are asked to simulate a command economy. Who would be making all the economic decisions in their project?
International organizations would be making all the economic decisions in their project.
Individual students like Emma, Noah, and Priya would be making all the economic decisions in their project.
Private businesses would be making all the economic decisions in their project.
The teacher, acting as the government, would be making all the economic decisions in their project.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Noah, Jackson, and Ava are discussing about different types of economies. Noah says that a type of economy where the prices of goods and services are determined by the free market, or supply and demand is called a Market economy. Is Noah correct?
Command economy
Traditional economy
Mixed economy
Market economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main characteristic of a traditional economy?
It is based on advanced technology and industrialization
It is driven by government planning and control
The main characteristic of a traditional economy is that it is based on customs, traditions, and bartering.
It relies heavily on free market principles and competition
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ava, Aria, and Emma are discussing about different types of economies in their economics class. They are trying to identify which type of economy allows for private ownership and competition. Can you help them?
Capitalist economy
Communist economy
Socialist economy
Feudal economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for an economy that combines elements of both command and market economies?
Planned economy
Socialist economy
Capitalist economy
Mixed economy
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
Age of European Discovery
Quiz
•
5th - 6th Grade
15 questions
Reviewer Magsaysay and Garcia Administration
Quiz
•
6th Grade
15 questions
How Hong Kong Became a British Colony
Quiz
•
4th Grade - University
19 questions
MYP Agricultural systems
Quiz
•
6th - 9th Grade
20 questions
SOCIAL SCIENCE: ALL ABOUT THE UNIVERSE
Quiz
•
3rd - 10th Grade
17 questions
Lesson 12 Foreign Affairs in the Young nation
Quiz
•
6th - 8th Grade
12 questions
Yellowstone National Park
Quiz
•
4th - 12th Grade
20 questions
Quiz History of North Africa
Quiz
•
6th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Social Studies
14 questions
Ancient Greece Geography Quiz
Quiz
•
6th Grade
20 questions
Presidents Day Trivia
Quiz
•
6th - 8th Grade
8 questions
Celebrating Presidents' Day
Lesson
•
6th Grade
20 questions
Feudalism: Rise from Instability
Quiz
•
6th Grade
17 questions
Civil War in Texas Vocabulary Lesson
Lesson
•
6th - 8th Grade
10 questions
Exploring the Executive Branch and Presidential Powers
Interactive video
•
6th - 10th Grade
5 questions
Presidents Day
Interactive video
•
6th - 8th Grade
4 questions
BHM Intro
Lesson
•
2nd - 8th Grade