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Economy

Authored by John Robinson

Social Studies

7th Grade

Economy
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the standard of living is higher, it means a country is more wealthy than others

no

yes

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

something a country sells to another country

import

export

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

something a country buys from another country

import

export

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the standard of living is lower, it means a country is more poor than others

yes

no

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Sometimes countries import the same things they export because it can be cheaper /better made.

yes

no

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What vocabulary word means the way in which goods and services are made, sold, and used in a country or area?

Economy

Sustainable

Infrastructure

Urban

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Most countries in the world, including the US, use what economic system?

Traditional

Command

Market

Mixed

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