Christmas Themed Economic Systems Trivia

Santa provides identical gifts to all children as determined by a central holiday planning committee. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

A Christmas market allows vendors to sell handmade goods at prices determined by supply and demand. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

Families exchange cookies and crafts as part of a long-standing holiday tradition. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

The government regulates the price of Christmas trees and subsidizes them for low-income families, but families can choose from private sellers. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

Santa's gift production is controlled by the government, which decides the distribution of presents. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

Children trade toys they received last year to get new ones for this Christmas. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

A business sells customized stockings at a competitive price, and buyers determine the market value. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

The state owns all Christmas tree farms and distributes trees equally to households. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

Local families follow an age-old custom of bartering baked goods for handmade ornaments. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

The government partners with private businesses to provide free hot chocolate at Christmas fairs. What type of economy is this?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy