PLANNED ECONOMY (ESTEAM)

PLANNED ECONOMY (ESTEAM)

12th Grade

5 Qs

quiz-placeholder

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PLANNED ECONOMY (ESTEAM)

PLANNED ECONOMY (ESTEAM)

Assessment

Quiz

Other

12th Grade

Easy

Created by

Ali Ahmad

Used 2+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which Country Follows The Planned Economic System?

Japan

Australia

Sweden

North Korea

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Choose three countries that still follow the

planned economic system from the presentation.

China, North Korea, Cuba

France, Turkey, Austria

America, Sweden, Australia

Japan, North Korea, Nigeria

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Did North Korea benefit from the planned economy system?

Yes, The North Korean economy thrived after their focuses shifted from the agriculture industry to the military industry.

No, North Korea expected their economy to thrive though producing chemicals, metals, and textiles became the country’s priority, the amount of pollution generated was enough to spread disease to the citizens and their crops. This lead to a decline in their economy.

Yes, North Korea benefited from producing chemicals, metals, and textiles, which stabilized its economy.

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

What were the advantages of the North Korean economic system.

(Choose All That Apply)

  • North Korea has one of the lowest unemployment rates in the entire world.

The government will ensure no money is wasted.

Citizens are suffering from the lack of local food, as nearly all food items are imported.

Citizens are suffering from illnesses because of the amount of pollution the country produces.

  • North Korea was able to discover the vast amount of minerals and natural resources that the country has.

5.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Which type of economy has Centralized government control?