In mixed economies, what role do consumer choices play?

Economic Decision Making and Critical Thinking

Passage
•
Social Studies
•
9th Grade
•
Easy
Used 1+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They have no impact
They drive all economic decisions
They drive a lot of economic decision making
They are ignored
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main economic force in both mixed and market economies?
Government intervention
Corporate decisions
Individual choices of consumers
International trade
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between supply and demand?
They are unrelated
They are inversely related
They connect through a cause-and-effect relationship
They are the same
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Baker’s Dozen shop specialize in?
Cheap, plentiful doughnuts
Handmade doughnuts
Frozen doughnuts
Vegan doughnuts
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential impact of shop decisions on consumers?
Increased travel time
Changes in product availability and quality
Higher taxes
More advertising
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of the Canadian Wheat Board according to the text?
To increase wheat exports
To protect wheat growers from low prices
To reduce wheat production
To eliminate wheat imports
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason a consumer might be persuaded to try a skateboard?
High cost
Peer influence
Limited options
Lack of interest
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