
Economic Systems Review
Authored by John Stacy
History
12th Grade
Used 10+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
39 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic system in which basic economic activity stems from ritual, habit, or custom
Traditional Economy
Mixed Economy
Socialism
Utility
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An organized way of providing for the wants and needs of a society.
Mixed Economy
Socialism
Economic System
Capitalism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic and political system in which the government owns and controls some factors of production.
Utility
Market Economy
Command Economy
Socialism
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capacity of a good or service to be useful and give satisfaction.
Mixed economy
Socialism
Economy
Utility
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a disadvantage of a market economy?
Market is weak.
It limits freedom for producers and consumers
It does not provide for everyone
It limits private property rights
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The main advantage of a command economy is that this system
gives people the incentive to produce the best products possible
deals with minor day-to-day problems effectively
can change direction drastically
does not require a huge decision-making bureaucracy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which economic system is the economy COMPLETELY controlled by the government?
capitalism
socialism
communism
anarchism
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
40 questions
American Imperialism & Progressive Era
Quiz
•
9th - 12th Grade
35 questions
Antebellum America
Quiz
•
11th Grade - University
37 questions
WWII Review
Quiz
•
9th - 12th Grade
35 questions
Gilded Age
Quiz
•
11th - 12th Grade
37 questions
I. Unit 9 NINE Test Review Part THREE: The Enlightenment
Quiz
•
9th - 12th Grade
40 questions
Module 14: Revolutions Sweep the West
Quiz
•
10th - 12th Grade
39 questions
Unit 3 - Microeconomics
Quiz
•
9th - 12th Grade
34 questions
African Kingdoms Vocab
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
8 questions
2 Step Word Problems
Quiz
•
KG - University
20 questions
Comparing Fractions
Quiz
•
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
10 questions
Latin Bases claus(clois,clos, clud, clus) and ped
Quiz
•
6th - 8th Grade
22 questions
fractions
Quiz
•
3rd Grade
7 questions
The Story of Books
Quiz
•
6th - 8th Grade
Discover more resources for History
20 questions
Unit 2 Form Assessment Live (Through Opposing Sides) Update
Quiz
•
9th - 12th Grade
32 questions
Unit 5 AP WORLD REVOLUTIONS
Quiz
•
9th - 12th Grade
20 questions
Unit 3 Topic 3 Lesson 1 US Foreign Policy and Globalization
Quiz
•
9th - 12th Grade
7 questions
Martin Luther King
Lesson
•
5th - 12th Grade
25 questions
Ancient China
Quiz
•
KG - University
25 questions
Lesson 10 Test Review Quizizz
Quiz
•
10th Grade - University
33 questions
New South
Quiz
•
9th - 12th Grade
16 questions
Mod 7.4 (John Adams Presidency)
Quiz
•
9th - 12th Grade