Economic Systems

Economic Systems

9th Grade

•

38 Qs

quiz-placeholder

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Economic Systems

Economic Systems

Assessment

Quiz

•

Social Studies

•

9th Grade

•

Practice Problem

•

Medium

Created by

Rebekah Grissom

Used 7+ times

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38 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an economy? Fill in the blank: An economy is how people, businesses, and government choose to ________, ________, and ________ things.

buy, sell, produce

eat, sleep, play

draw, paint, sculpt

read, write, listen

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the economic goal described as 'your ability to make your own decisions'?

Freedom

Security

Growth

Stability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic goal is defined as 'get the most with the least amount of cost'?

Efficiency

Equity

Stability

Growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic goal refers to the 'fair and just distribution of wealth'?

Equity

Efficiency

Growth

Stability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic goal involves 'production of better things, innovation and research making things better'?

Growth

Stability

Equity

Efficiency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic goal is about providing less fortunate members with support in terms of food, shelter, and health care?

Security

Efficiency

Growth

Freedom

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic goal means that the goods and services we count on are there when we want or need them?

Stability

Growth

Equity

Efficiency

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