Economic Systems

Economic Systems

9th - 12th Grade

9 Qs

quiz-placeholder

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Economic Systems

Economic Systems

Assessment

Passage

Social Studies

9th - 12th Grade

Practice Problem

Easy

Created by

Sara Ochs-Howser

Used 1+ times

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9 questions

Show all answers

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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8.

OPEN ENDED QUESTION

3 mins • 2 pts

What is a disadvantage of a free market economy? Why does this occur?

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9.

OPEN ENDED QUESTION

3 mins • 4 pts

What are three characteristics of a mixed economy?

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OFF