What is an entrepreneur?
Government - Ch. 24 Economic Systems L3 RE Packet Questions

Quiz
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History
•
12th Grade
•
Medium
Andy Chang
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A government official
A person who starts a new business
A type of economic system
A social service provider
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a mixed economy?
An economy with no government intervention
An economy that combines elements of capitalism and socialism
An economy solely based on agriculture
An economy that only uses barter systems
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do societies decide what should be produced in different economic systems?
By random selection
Through government decisions, market demands, or a combination
By international treaties
By historical precedent
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system allows private citizens to earn profits in free markets?
Communism
Socialism
Capitalism
Feudalism
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of entrepreneurs in a capitalist system?
They are government employees
They take risks to start new businesses
They work only for large corporations
They have no impact on the economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of an invention that could be patented?
A new machine that can pick fresh tomatoes without damaging them
A poem about a sunrise
A popular song
A historical event
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one way Sweden supports new parents?
Pays for parents to be away from their jobs
Provides free housing
Offers free transportation
Gives free groceries
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