Ramsey Classroom Chapter 8

Ramsey Classroom Chapter 8

7th Grade

15 Qs

quiz-placeholder

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Ramsey Classroom Chapter 8

Ramsey Classroom Chapter 8

Assessment

Quiz

Social Studies

7th Grade

Practice Problem

Hard

Created by

John Robinson

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15 questions

Show all answers

1.

MATCH QUESTION

1 min • 2 pts

Media Image

Match the economic systems to its characteristics or meaning.

Customs, family, and historical basis

Traditional economy

Private sector, profit, and minimal gov.

Command economy

Public and private sectors

Mixed economy

Centrally owned by the government

Free Market

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the main focus of Chapter 8 in Ramsey Classroom's Social Studies curriculum?

Economic systems

Cultural diversity

Historical events

Geographical features

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which economic system is characterized by private ownership and free markets?

Socialism

Capitalism

Communism

Feudalism

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In a socialist economy, who typically owns the means of production?

Private individuals

The government

Foreign investors

Non-profit organizations

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a key feature of a mixed economy?

Complete government control

No government intervention

Combination of private and public sectors

Only private sector involvement

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which historical event significantly influenced modern economic systems?

The Industrial Revolution

The French Revolution

The American Civil War

The Renaissance

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary goal of a command economy?

Maximize profits

Ensure equal distribution of resources

Encourage competition

Promote innovation

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