
Economic Systems
Interactive Video
•
Social Studies
•
6th - 8th Grade
•
Hard
Amy Trawick
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of a traditional economy?
Government controls all businesses
Bartering is commonly used
High level of technological innovation
Citizens have high individual freedom
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy, who makes most of the economic decisions?
International organizations
The government
Private companies
Individual citizens
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a feature of a command economy?
Private business ownership
Guaranteed employment
Government-regulated production
Free services for citizens
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What drives the economic decisions in a market economy?
Government policies
Supply and demand
International trade agreements
Cultural traditions
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is an example of a market economy?
North Korea
Cuba
Iran
United States
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