SS7E7-SEA Economic Systems
Authored by Kimberly Adcock
Social Studies
7th Grade
Used 31+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do most countries fall somewhere between a market and a command economy?
Some government control has never been successful.
Government control always makes a market economy more profitable.
Most consumers prefer government control to free market.
Most countries have found they need a mix of free market and government control to be successful.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy, economic decisions are made by the
consumers.
market.
government.
producers.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy does North Korea have?
Market
Command
Market
Mixed
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The economies of China, India, and Japan can all best be described as:
traditional
market
command
mixed
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country's economy has grown steadily since WWII ended?
China
India
Japan
North Korea
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the freest economy we have been studying?
China
India
Japan
South Korea
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the largeset and fastest growing economy in the world?
China
India
South Korea
Japan
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