
Economic Concepts - Management
Quiz
•
Business
•
9th - 12th Grade
•
Medium
FoliAki L
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40 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following economic systems allows citizens full freedom in choosing a career and workplace?
Capitalism
Fascism
Socialism
Communism
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is the way a society produces goods and services?
Laissez faire
Socialism
Economic systems
Marxism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the limited supply of something
scarcity
bartering
economics
free enterprise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
how countries plan to use limited resources
bartering
free enterprise
economic systems
scarcity
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In this type of economy, the individual decides who to sell their products to.
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If my government is selling me bread for $5 a loaf, and I have no choice but to buy that type of bread, I live in a _____ economy.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this type of economy, the government places control on businesses, but the individual decides what to make.
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