Economic Systems Test

Economic Systems Test

6th - 8th Grade

14 Qs

quiz-placeholder

Similar activities

Social structure of Empires

Social structure of Empires

8th Grade

13 Qs

Franklin Pierce Quiz

Franklin Pierce Quiz

2nd - 11th Grade

10 Qs

REPUBLIC DAY

REPUBLIC DAY

2nd Grade - Professional Development

15 Qs

Ruling the Countryside

Ruling the Countryside

8th Grade

11 Qs

Kids Discover Social Studies Vocabulary

Kids Discover Social Studies Vocabulary

6th Grade

14 Qs

World Studies Chapter 9

World Studies Chapter 9

7th - 8th Grade

15 Qs

Week 3 Checkpoint MSP 2024

Week 3 Checkpoint MSP 2024

6th - 8th Grade

14 Qs

economic systems

economic systems

7th - 9th Grade

10 Qs

Economic Systems Test

Economic Systems Test

Assessment

Quiz

Social Studies

6th - 8th Grade

Practice Problem

Easy

Created by

MaryBeth Broxterman

Used 4+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which type of economic system is dying out because it has proven less successful? Explain WHY.

Evaluate responses using AI:

OFF

Answer explanation

Think back on your parking lot activity. People were more focused on meeting minimum requirements than by doing a good job.

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does a Market Economy Answer the 3 basic economic questions that need to be addressed?

Evaluate responses using AI:

OFF

Answer explanation

The name of the system indicates what is in control

3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which type of economic system typically is best for raising a country's standard of living? WHY?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does a traditional economy answer the basic economic questions?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the 3 basic questions that all economies must answer?

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Which economic system is not found very frequently in our modern world as compared to the other 2? Why?

Evaluate responses using AI:

OFF

7.

MATCH QUESTION

1 min • 1 pt

Media Image

Match the following...

Their horns don't work

Controlled by historic values and decisions that have stood for generations

Market

Controlled by the wants and needs of consumers

Command

Why do cows wear bells?

Traditional

Controlled solely by the government and what they believe is best

Mixed

Controlled by the private and public sectors to prevent failure

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?