What is the primary reason societies need to organize their economies?

Economic Systems and Their Characteristics

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Social Studies
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9th - 10th Grade
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Hard

Patricia Brown
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To ensure everyone has a job
To promote technological advancement
To manage the scarcity of resources
To increase government control
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which question is NOT one of the three key questions for organizing an economy?
How to produce?
Where to produce?
What to produce?
Who gets what?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential downside of a government ensuring full employment?
Lower technological advancement
Decreased worker satisfaction
Increased production costs
Higher unemployment rates
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a right-wing economy, what is the level of government involvement?
Minimal
Moderate
None
High
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a left-wing economy ensure everyone has what they need?
By reducing taxes
By increasing private business operations
By having some control over the economy
By eliminating public services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might people take better care of private property compared to public property?
Private property is more valuable
People have a personal stake in private property
Public property is always messy
Government enforces stricter rules on private property
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit of private property according to supporters?
It reduces personal responsibility
It encourages people to follow rules
It discourages economic growth
It leads to more government control
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