Economic Systems and Sectors Quiz
Authored by Darrin L Session
Social Studies
9th - 12th Grade
Used 4+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which type of economic system are decisions based on customs and traditions?
Free Market
Mixed
Traditional
Command
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system gives the government full control over resources and production?
Traditional
Command
Free Market
Mixed
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A free market economy is mostly controlled by:
Government
Consumers and businesses
Religious leaders
Tradition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A mixed economy includes elements of:
Only free market systems
Only command systems
Both free market and command systems
None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a command economy, prices are decided by:
Supply and demand
Consumers
Government planners
Private businesses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The primary sector focuses mainly on:
Services
Information and technology
Extracting natural resources
Manufacturing goods
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A factory worker turning cotton into clothing belongs to the:
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
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