
market Economy
Authored by Dawn Rogers
Business
9th - 12th Grade
Used 3+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following items is found in all economic systems:
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most common medium of exchange in modern economic systems is
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the reasons that a country needs an economic system is because it
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following types of economic systems adopts the fewest new ideas or improvements:
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The government controls the economic system and does not allow private ownership of the means of production and distribution in a __________ economy.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government owns the basic means of production, but there is some private ownership of businesses under
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Individuals and businesses own the means of production and distribution with limited government regulation in a __________ economy.
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