
Free Enterprise and Democracy Quiz
Social Studies
8th Grade

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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is free enterprise?
A system where the government controls all businesses
A system where people make their own economic choices with little government control
A system where only large companies can sell products
A system where prices are set by the government
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which example BEST shows free enterprise in action?
The government sets the price of bread
A mayor is elected by voters
Two lemonade stands compete for customers
A law is passed by Congress
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a free enterprise system, what mainly determines prices?
Government officials
Business owners only
Supply and demand
Voters
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is democracy?
A system where one leader makes all decisions
A system where businesses control the government
A system where people choose leaders and make decisions by voting
A system where only wealthy people can vote
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which example BEST represents democracy?
A business lowers prices to attract customers
Citizens vote for a new president
A company creates a new product
A store advertises a sale
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a shared principle between free enterprise and democracy?
Government control
Choice
Lack of competition
No individual rights
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are voting in democracy and buying goods in free enterprise similar?
Both are controlled by the government
Both allow people to influence outcomes through choices
Both eliminate competition
Both require permission from leaders
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