Government and Economy Quiz

What type of government is ruled directly by the people?

• Monarchy

• Democracy

• Oligarchy

• Theocracy

Which economic system is based on supply and demand?

• Socialism

• Traditional

• Market

• Feudalism

In which government system does a single ruler hold power, often inherited?

• Democracy

• Republic

• Monarchy

• Dictatorship

What is the primary characteristic of a command economy?

• Market-based decision making

• Government control of production and prices

• High levels of competition

• Consumer choice

Which term describes an economy that incorporates both supply and demand, and the government?

• Mixed economy

• Traditional economy

• Pure market economy

• Pure command economy

What is a key feature of a parliamentary system of government?

• Separation of powers

• A ceremonial president

• Prime Minister chosen from the legislature

• Lifetime appointment of leaders

Which of the following is NOT a characteristic of a traditional economy?

• Barter trade

• Based on agriculture and hunting

• High use of technology

• Customs and beliefs guide economic decisions

What government system is controlled by one, taken by force?

• Democracy

• Monarchy

• Dictatorship

• Communism

In a federal system of government, power is:

• Centralized in one main body

• Divided between central and local governments

• Held only by the president

• Distributed among the citizens

Which economic system often results in a high degree of government intervention?

• Capitalism

• Laissez-faire economy

• Command economy

• Market economy