
D. Digital Exit Ticket - Types of Economic Systems
Authored by Crystal Tyler
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
People sell their crops in village markets for items they need
Traditional Economy
Command Economy
Market Economy
Mixed Economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Buyers and sellers make all the financial decisions
Traditional Economy
Command Economy
Market Economy
Mixed Economy
3.
MULTIPLE SELECT QUESTION
30 sec • 5 pts
Supply and demand determine how much an item will cost
Traditional Economy
Command Economy
Market Economy
Mixed Economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Government controls the factors of production
Traditional Economy
Command Economy
Market Economy
Mixed Economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Individuals can own businesses, but the government controls most social services
Traditional Economy
Command Economy
Market Economy
Mixed Economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Individuals & entrepreneurs freely control the factors of production
Traditional Economy
Command Economy
Market Economy
Mixed Economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Factors of production depend on customs, history, beliefs and values
Traditional Economy
Command Economy
Market Economy
Mixed Economy
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