Southern and Eastern Asia Economic Systems

Southern and Eastern Asia Economic Systems

7th Grade

15 Qs

quiz-placeholder

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Southern and Eastern Asia Economic Systems

Southern and Eastern Asia Economic Systems

Assessment

Quiz

Social Studies

7th Grade

Hard

Created by

John Robinson

FREE Resource

15 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Media Image

Match each letter with the BEST description of the type of economy that would exist at that point on the spectrum.

Y

Most major industries are controlled by the government and there is little protection of private property rights.

Z

The government regulates major industries to protect the environment and the rights of workers.

X

There are few barriers to entry into most industries and most economic decisions are determined by the forces of supply and demand.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of economic system is most prevalent in Southern and Eastern Asia?

Mixed economy

Command economy

Traditional economy

Market economy

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which country in Eastern Asia is known for its rapid economic growth and technological advancements?

Japan

North Korea

Mongolia

Bhutan

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a key characteristic of a command economy, often seen in some Asian countries?

Government controls all major aspects of the economy

Private businesses operate freely

Economy is based on customs and traditions

Supply and demand determine production

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which Southern Asian country is known for its IT and software services industry?

India

Nepal

Sri Lanka

Bangladesh

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary economic activity in rural areas of Southern Asia?

Agriculture

Manufacturing

Mining

Tourism

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which Eastern Asian country has a significant influence on global fashion and entertainment industries?

South Korea

Laos

Myanmar

Cambodia

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