Also called a free market or market economy
Economic Systems

Quiz
•
Social Studies
•
7th Grade
•
Medium
John Hogan
Used 5+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capitalism
Communism
Socialism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regular people decide what will be produced, how much will be produced and the prices of goods
Capitalism
Communism
Socialism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Competition between businesses attract customers
Capitalism
Communism
Socialism
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rewards for better preformance
Capitalism
Communism
Socialism
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Influenced by laws of supply and demand
Capitalism
Communism
Socialism
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pure form of this economic system has government take no part in the economy
Capitalism
Communism
Socialism
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Also called a planned economy
Capitalism
Communism
Socialism
Create a free account and access millions of resources
Similar Resources on Quizizz
15 questions
Core Knowledge 6 - Industrial Revolution SET B

Quiz
•
4th - 8th Grade
20 questions
Government & Economics Review

Quiz
•
7th Grade
17 questions
Europe & Russia Vocabulary

Quiz
•
6th - 12th Grade
14 questions
Economics Quiz

Quiz
•
7th Grade
21 questions
Unit 3~Gvt' and Economic Systems

Quiz
•
7th Grade
15 questions
Industrial Vocab

Quiz
•
6th - 7th Grade
16 questions
Economic Systems_Burgess7

Quiz
•
7th - 9th Grade
15 questions
Economic Systems explained

Quiz
•
7th - 8th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade