Understanding Mixed Economies

Understanding Mixed Economies

Assessment

Interactive Video

Social Studies

9th - 10th Grade

Hard

Created by

Nancy Jackson

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following economic systems is NOT mentioned as important to understand before learning about mixed economies?

Traditional economy

Command economy

Feudal economy

Market economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a mixed economy, who is responsible for answering the basic economic questions?

Both the government and consumers

The government, consumers, and businesses

Only the consumers

Only the government

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main goals of a mixed economy?

To eliminate all government intervention

To ensure a large divide between rich and poor

To focus solely on consumer preferences

To provide support for individuals to succeed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a potential disadvantage of a mixed economy?

Absence of business competition

No consumer choice in the market

Stifling of innovation due to restrictions

Complete lack of government regulation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic system does the United States currently use?

Command economy

Mixed economy

True socialism

True capitalism