Economic Systems/Industries

Economic Systems/Industries

Assessment

Flashcard

Social Studies

6th Grade

Hard

Created by

Wayground Content

FREE Resource

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24 questions

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1.

FLASHCARD QUESTION

Front

Jane wants to be a scientist, but her family have always been farmers, so she becomes a farmer. What type of economy does this scenario represent?

Back

Traditional

2.

FLASHCARD QUESTION

Front

Most modern economies today are ______ economies.

Back

mixed

3.

FLASHCARD QUESTION

Front

Economies try to answer these fundamental economic questions: What goods and services are to be produced? How are goods and services to be produced? For whom are goods and services to be produced?

Back

all of these

4.

FLASHCARD QUESTION

Front

In a ___________ economy, decisions about production and consumption are made by the government.

Back

command

5.

FLASHCARD QUESTION

Front

A _________ economy is an economic system in which economic decisions are left up to individual producers and consumers.

Back

Market

6.

FLASHCARD QUESTION

Front

An economic system in which both the government and individuals play important roles in production and consumption is a ____________ economy.

Back

mixed

7.

FLASHCARD QUESTION

Front

The United States is an example of which type of economic system?

Back

Mixed economy

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