World Economies

World Economies

7th Grade

21 Qs

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World Economies

World Economies

Assessment

Quiz

Social Studies

7th Grade

Hard

Created by

Patricia White

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A resource that can be totally replaced or is always available naturally

Renewable Resource

Nonrenewable Resource

Market Economy

Tariff

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How society decides on the ownership and distribution of it economic resources

Economy

Economic System

Traditional Economy

Command Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The resources that cannot be totally replaced

Renewable Resources

Nonrenewable Resources

Import

Export

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economy in which the means of production are publicly owned; controlled by the government

Command Economy

Mixed Economy

Market Economy

Traditional Economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economy in which most of the means of production are privately owned

Command Economy

Mixed Economy

Market Economy

Traditional Economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economy where resources are distributed mainly through families; traditional economies found in developing (poorer) countries; in rural areas; farming, herding, hunter-gatherer societies

Command Economy

Mixed Economy

Market Economy

Traditional Economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economy in which parts of the economy are privately owned and parts are owned by the government

Command Economy

Mixed Economy

Market Economy

Traditional Economy

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