Economic Systems

Economic Systems

8th Grade

53 Qs

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Economic Systems

Economic Systems

Assessment

Quiz

Social Studies

8th Grade

Medium

Created by

Ashleigh Caccivio

Used 6+ times

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53 questions

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1.

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1 min • 1 pt


A pattern of growth and contraction in modern economies.

2.

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1 min • 1 pt

A system where economic decisions are made by the government.

3.

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1 min • 1 pt

The connection of different parts of the world; it results in the expansion of international culture, economics, and politics.

4.

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1 min • 1 pt

Someone who uses and/or buys goods and services.

5.

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1 min • 1 pt

A continual decline in the cost of goods and services.

6.

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1 min • 1 pt

The amount of goods or services that consumers are willing and able to buy at different prices.

7.

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1 min • 1 pt

The way goods and services are distributed in a society to meet people’s needs and wants.

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