SS8B Final Exam

SS8B Final Exam

Assessment

Flashcard

Social Studies

8th Grade

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

Why is there interdependence among nations?

Back

because each country has unique and limited resources

2.

FLASHCARD QUESTION

Front

What does the government use to track the market value of goods and services produced in a given year?

Back

gross domestic product

3.

FLASHCARD QUESTION

Front

In a free market economy economic decisions are made by the government.

Back

False

4.

FLASHCARD QUESTION

Front

In a mixed market economy economic decisions are influenced by the government but made by producers and consumers

Back

True

5.

FLASHCARD QUESTION

Front

In a command economy economic decisions are influenced by the government but made by producers and consumers

Back

False

6.

FLASHCARD QUESTION

Front

The primary motive of business in a mixed market economy is to make a profit?

Back

True

7.

FLASHCARD QUESTION

Front

The main benefit of insurance is that it protects against financial risks.

Back

True

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