
Economic Systems Quiz
Authored by John Mccormick
Others
12th Grade
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government control of what and how to produce, and for whom to produce it is which type of economic system?
Market
Mixed
Command
Traditional
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When private businesses make decisions based on supply and demand, it is which type of economic system?
Command
Market
Mixed
Traditional
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A mixed economic system is when both private businesses and the government make the economic decisions. Which country is considered to have a mixed market system?
Saudi Arabia
Israel
Turkey
Iran
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Middle East country has the least amount of government control over its economy?
Saudi Arabia
Turkey
Israel
Iran
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Middle East country has the most amount of government control over its economy?
Saudi Arabia
Turkey
Israel
Iran
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is described as having very few natural resources, making trade important?
Saudi Arabia
Turkey
Israel
Iran
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary source of income for Saudi Arabia?
Agriculture
Oil
Tourism
Technology
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