Types of Economies Quiz

What is a market economy?

• An economy with some regulation

• An economy with no government regulation

• An economy with government controlling government

• An economy with culture impacting culture

What is a command economy?

• An economy with no government regulation

• An economy with some regulation

• An economy with government controlling government

• An economy with culture impacting culture

What is a traditional economy?

• An economy with no government regulation

• An economy with government controlling government

• An economy with culture impacting culture

• An economy with some regulation

What is a mixed economy?

• An economy with no government regulation

• An economy with government controlling government

• An economy with culture impacting culture

• An economy with some regulation

Which type of economy has no government regulation?

• Mixed economy

• Traditional economy

• Command economy

• Market economy

Which type of economy has government controlling government?

• Market economy

• Command economy

• Traditional economy

• Mixed economy

Which type of economy has culture impacting culture?

• Mixed economy

• Market economy

• Traditional economy

• Command economy

Which type of economy has some regulation?

• Mixed economy

• Traditional economy

• Command economy

• Market economy

What is the main characteristic of a market economy?

• Some regulation

• No government regulation

• Government controlling government

• Culture impacting culture

What is the main characteristic of a command economy?

• Some regulation

• Culture impacting culture

• Government controlling government

• No government regulation