Economic Understandings of Latin America  Concept Packet

Economic Understandings of Latin America Concept Packet

6th - 8th Grade

10 Qs

quiz-placeholder

Similar activities

Why Trade? Vocabulary 1

Why Trade? Vocabulary 1

7th - 9th Grade

8 Qs

Unit 4  Review  Pt 1

Unit 4 Review Pt 1

6th Grade

10 Qs

What is an INFERENCE, MESSAGE & PURPOSE?

What is an INFERENCE, MESSAGE & PURPOSE?

7th - 9th Grade

9 Qs

Common Assessment 3 Review

Common Assessment 3 Review

7th - 9th Grade

15 Qs

Civics and Citizenship Year 8

Civics and Citizenship Year 8

6th - 8th Grade

10 Qs

urban livelihood

urban livelihood

6th Grade

10 Qs

MADHVACHARYA - THE WARRIOR MONK !

MADHVACHARYA - THE WARRIOR MONK !

5th - 10th Grade

15 Qs

Our Ancestors' Way of Life

Our Ancestors' Way of Life

6th Grade

10 Qs

Economic Understandings of Latin America  Concept Packet

Economic Understandings of Latin America Concept Packet

Assessment

Quiz

Social Studies

6th - 8th Grade

Easy

Created by

Chandon Mitchell

Used 8+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economy is based on customs and traditions?

Command

Market

Traditional

Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Latin American country’s economy is most controlled by the government?

Brazil

Mexico

Argentina

Cuba

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic system relies on individual choice and private businesses making decisions?

Traditional

Mixed

Command

Market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economic system do Brazil and Mexico both have?

Command

Mixed Market

Pure Market

Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is bartering?

Using credit to trade goods

Trading without using money

Paying with foreign currency

Government-controlled trade

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three basic economic questions every system must answer?

When to sell, what to trade, who to contact

What to produce, how to produce, for whom to produce

Where to work, when to work, why to work

What to earn, how to save, where to invest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a tariff?

A limit on the number of exports

A complete ban on trade

A tax on imported goods

A tax on domestic products

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?