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ECONOMICS QUIZ 2022-2023

Authored by Craig English

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ECONOMICS QUIZ 2022-2023
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47 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The choices people make are determined by the environment.

Traditional
Market
Command
Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers have few, if any, choices in the marketplace.

Traditional
Market
Command
Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Factories are solely concerned with quotas (production numbers that are set).

Traditional
Market
Command
Mixed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

No competition.

Traditional
Market
Command
Mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic activities are centered on the family, tribe, or ethnic group.

Traditional
Market
Command
Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resources are handed out based on inheritance (passing down).

Traditional
Market
Command
Mixed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government or other central authority makes all economic decisions.

Traditional
Market
Command
Mixed

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