
Chapter 2 Econ Review Sheet
Quiz
•
Others
•
12th Grade
•
Practice Problem
•
Easy
Tammy Truong
Used 12+ times
FREE Resource
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Traditional economies revolve around the family unit.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A free market doesn’t encourage growth.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a centrally planned economy the government doesn’t make the decisions.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The economy of the United States can be described as mixed but more like a free market.
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Low unemployment due to guaranteed jobs could be a positive aspect of a centrally planned economy.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Soviet Union and China can be linked to communism and central planning.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The free market has dominated the United States, the United Kingdom, Singapore.
TRUE
FALSE
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