Public goods and services Quiz

Public goods and services Quiz

12th Grade

17 Qs

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Public goods and services Quiz

Public goods and services Quiz

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

JenniferRoma1 undefined

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economy does the US have?

Command economy

Mixed free-market economy

Traditional economy

Socialist economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who provides most goods and services in the US economy?

The government

Private businesses

Non-profit organizations

Foreign companies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the government in the US economy?

Complete control over all businesses

No involvement at all

Limited government involvement

Full ownership of all resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristic of a mixed free-market economy?

Total government control

No private businesses

Combination of private and government involvement

Only traditional methods used

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector provides essential goods and services in the US?

Private sector

Government sector

International sector

Non-profit sector

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is provided by the private sector?

Public goods

Everything else not provided by the government

Only essential services

Only luxury goods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if you cannot or will not pay for most products?

You get it for free

You don’t get it

You get a discount

You get a loan

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