WG10A DOL - Types of Economies
Quiz
•
Social Studies
•
9th Grade
•
Practice Problem
•
Medium
John Zomer
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
What are the 3 basic questions that every economic system must answer?
What’s Produced, how’s it produces, who consumes it
How will the government make it, who will buy it, who will sell it
Who will sell it, who will own the company, who will import
Who will import, who will export, who will buy
2.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
What are the 3 economic systems?
Socialism, Communism, and Capitalism
Dictatorship, Democracy, Theocracy
Traditional, Market, Democracy
Traditional, Market, Command
3.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which system allows for the most individual freedom?
Socialism
Market
Command
Traditional
4.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which system does the government have the most economic control?
Monarchy
Market
Traditional
Command
5.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which system is based on customs and beliefs?
Theocracy
Market
Traditional
Command
6.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Russia is an example of which economic system?
Dictatorship
Market
Traditional
Command
7.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which economic system do most communist countries have?
Command
Traditional
Market
Dictatorship
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