
Unit 2 Macroeconomics Issues and Policies
Authored by Norma Reyes
Social Studies
12th Grade
Used 17+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 4 pts
The four types of economic systems are:
2.
MULTIPLE CHOICE QUESTION
2 mins • 4 pts
Which of the following is an economic system in which the government and people are used to decide how to use scarce resources?
3.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
If I choose to be a fisherman for my town because my father was a fishermen, and my grandfather was a fisherman what economic system is this?
Mixed
Market
Traditional
Command
4.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
The Country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?
Traditional
Market
Command
Mixed
5.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
The government has little to no role in the production of goods in this type of economy.
6.
OPEN ENDED QUESTION
3 mins • 4 pts
What are the six pillars of the U.S. economy?
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7.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
This is paid to the Government once a person's income passes a set amount.
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