World Economies

World Economies

7th Grade

26 Qs

quiz-placeholder

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World Economies

World Economies

Assessment

Quiz

Social Studies

7th Grade

Practice Problem

Hard

Created by

Hailey Shields

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26 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government only helps out the economy by safeguarding the market and helping keep it safe

Mixed Economy

Market Economy

Traditional Economy

Command Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exchange for other goods or services without using money

Currency

Bartering

Tariff

GDP

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ start a new business or bring a new product/idea to market

Geographers

Demographers

Importers

Entrepreneurs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the four factors of production

Land

labor

Capital

GDP

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resources that can not be reused

Renewable resources

Non renewable resources

Human resources

Natural resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Countries __________ with each other because we have different resources

Prooduce

Trade

Fight

Embargo

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main goal of all countries economy

Productivity

High standard of living

Sustainability

Quality of life

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