
Factors of Production and Economic Systems

Quiz
•
Education
•
11th Grade
•
Hard
Charlotte Anderson
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which economic system is the protection of private property rights essential?
Command
Traditional
Market
Socialism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which economic system does the government answer all three of the big economic questions? (What to produce? How to produce? For whom to produce?)
Command
Socialism
Market
Traditional
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best explains a mixed economy?
Private ownership of the factors of production and regulation of businesses by government
Market exchanges answer all three of the big economic questions
Family customs and traditions determine what and how to produce a good
Government answers all three of the big economic questions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a __________________ economy, families, clans, or tribes make economic decisions based on generational customs and beliefs.
Mixed
Market
Traditional
Command
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Traditional Economy based on?
Rules
Customs & Traditions
Supplies
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Create a free account and access millions of resources
Similar Resources on Wayground
30 questions
Mood and Voice

Quiz
•
University
25 questions
Investing Unit Test

Quiz
•
12th Grade
30 questions
Financial Markets and Operations

Quiz
•
University
25 questions
TTL CHAPTER 1

Quiz
•
University
25 questions
ASSESSMENT WORKSHOP REVIEW

Quiz
•
University
25 questions
Internship Assessment

Quiz
•
University
25 questions
Share Capital

Quiz
•
12th Grade
25 questions
ICT

Quiz
•
University
Popular Resources on Wayground
10 questions
Video Games

Quiz
•
6th - 12th Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
10 questions
UPDATED FOREST Kindness 9-22

Lesson
•
9th - 12th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
20 questions
US Constitution Quiz

Quiz
•
11th Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade