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Economic Systems

Authored by Sara Ochs-Howser

Social Studies

9th - 12th Grade

Used 1+ times

Economic Systems
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9 questions

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1.

OPEN ENDED QUESTION

3 mins • 2 pts

What do economic systems help societies decide?

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2.

OPEN ENDED QUESTION

3 mins • 2 pts

What is the main purpose of an economic system?

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3.

OPEN ENDED QUESTION

3 mins • 2 pts

What are the three questions economic systems try to answer?

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4.

OPEN ENDED QUESTION

3 mins • 4 pts

What is are three characteristics of a traditional economy?

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5.

OPEN ENDED QUESTION

3 mins • 2 pts

What are three characteristics of a command economy?

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6.

OPEN ENDED QUESTION

3 mins • 2 pts

What is a disadvantage of a command economy?

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7.

OPEN ENDED QUESTION

3 mins • 4 pts

What are three characteristics of a free market economy?

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