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WorksheetsCh1 Economic Systems
Total questions: 13
Worksheet time: 10mins
In this type of economy, the individual decides who to sell their products to.
Traditional
None of these
Market
Command
The government has little to no role in the production of goods in this type of economy.
Traditional
None of these
Command
Market
In my country my job is the same one that my family has done over the past 200 years.
Traditional
Command
Market
None of these
In my country, the government makes all the economic decisions.
Traditional
Command
Market
None of these
,In my country, the government tells me where to work.
Traditional
Command
Market
None of these
In my country we have no need for money. By custom, some of us hunt, others farm, and we are all taken care of.
Traditional
Command
Market
None of these
If I choose to produce fish for my town because my mom and dad were fishermen/women, what economic system is this?
None of these
Market
Traditional
Command
What economy workforce based on beliefs and customs.
Traditional
Command
Market
None of these economies
What economy will most likely not have modern medicine and advance technology?
Traditional
Command
Market
None of these
What is one advantage of a Command Economy?
Individual freedom for everyone
Health and public services are available to everyone at little or no cost.
The government rarely interferes.
Able to adjust to change gradually
What economic system rules like a King?
Traditional
Command
Market
None of these
Which economic system allows individual freedom for every buyer and seller to pick whom they want to buy or sell to?
Traditional
Command
Market
None of these
