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D. Digital Exit Ticket - Types of Economic Systems

Authored by Crystal Tyler

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Used 1+ times

D. Digital Exit Ticket - Types of Economic Systems
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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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