Economic Systems Quiz

Economic Systems Quiz

10th Grade

26 Qs

quiz-placeholder

Similar activities

Manufacturing Industries Part 4

Manufacturing Industries Part 4

10th Grade - Professional Development

23 Qs

SOCIAL SCIENCE GRADE 10- DEMOCRACY AND DIVERSITY

SOCIAL SCIENCE GRADE 10- DEMOCRACY AND DIVERSITY

10th Grade

28 Qs

SS 10: Territorial Borders

SS 10: Territorial Borders

10th Grade

25 Qs

Quiz sobre Bonos Verdes

Quiz sobre Bonos Verdes

10th Grade

25 Qs

LAS REPUBLIQUETAS DEL ALTO PERU

LAS REPUBLIQUETAS DEL ALTO PERU

6th - 12th Grade

21 Qs

NATIONALISM IN EUROPE

NATIONALISM IN EUROPE

10th Grade

21 Qs

LEVELS OF GOVERNMENT

LEVELS OF GOVERNMENT

10th Grade

21 Qs

PLACAS PMA

PLACAS PMA

1st Grade - University

23 Qs

Economic Systems Quiz

Economic Systems Quiz

Assessment

Quiz

Social Studies

10th Grade

Practice Problem

Hard

Created by

Ashley Lynch

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic system is characterized by the government providing certain basic services to enhance the overall well-being of society?

Traditional

Command

Market

Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which economic system are the economic decisions for subsistence made based on tradition, ritual, habit, and customs?

Traditional

Command

Market

Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic system is described by having consumer purchases and supply and demand determine what is produced?

Traditional

Command

Market

Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economic system is controlled by a centralized government and a dictator?

Traditional

Command

Market

Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a traditional economy?

An economic system that relies on modern technology and innovation to produce goods and services.

An economic system that includes traditions, customs, and belief systems that the society relies upon to produce the goods and services necessary to survive.

A financial strategy that focuses on investing in stock markets and digital currencies.

A political system that governs the distribution of resources and power within a society.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a traditional economy?

Silicon Valley's tech industry.

The Inuit people in the United States' Alaska.

Wall Street's financial sector.

A multinational corporation with global supply chains.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is generally the focus of a traditional economy?

Maximizing profits for shareholders.

Survival and meeting basic needs.

Rapid industrial growth.

Technological advancements.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?