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WorksheetsEconomics of SW Asia
Total questions: 15
Worksheet time: 8mins
Name
Class
Date
1.
As you move along the economic continuum from market to command, what happens to the amount of government involvement in the economy??
a)
It decreases
b)
It increases
c)
It stays the same
2.
As you move along the economic continuum from market to command, what happens to the amount of economic freedom in the system?
a)
It decreases
b)
It increases
c)
It stays the same
3.
In which economic system would you most likely have inherited the tools you work with from your mother?
a)
Command
b)
Market
c)
Traditional
4.
You have decided to make and sell only pink calculators, no orange and no blue. Which economic system are you a part of?
a)
Command
b)
Market
c)
Traditional
5.
No one wants pink calculators so your business fails. Which economic system do you belong to?
a)
Command
b)
Market
c)
Traditional
6.
You work in a factory that makes pink calculators because that�s what the government tells you to make. You are part of a _________________ economic system.
a)
Command
b)
Market
c)
Traditional
7.
You don�t make pink calculators because that�s not what your father did. He was a farmer, so you farm. Which economic system do you belong to?
a)
Command
b)
Market
c)
Traditional
8.
Computers
a)
Capital goods
b)
Entrepreneur
c)
Human capital
d)
Natural resources
9.
Literacy classes
a)
Capital goods
b)
Entrepreneur
c)
Human capital
d)
Natural resources
10.
Pencils
a)
Capital goods
b)
Entrepreneur
c)
Human capital
d)
Natural resources
11.
Trees
a)
Capital goods
b)
Entrepreneur
c)
Human capital
d)
Natural resources
12.
Water
a)
Capital goods
b)
Entrepreneur
c)
Human capital
d)
Natural resources
13.
Most countries in Southwest Asia have what kind of economy?
a)
traditional
b)
command
c)
pure
d)
mixed
14.
What are the 3 questions countries need to ask in when setting up their economic system up?
a)
what to produce, where to produce, how to produce
b)
what to produce, who is going to produce it, how to produce
c)
what kind of producing, where to produce, how to produce
d)
what to produce, how to produce, for whom to produce
15.
What does standard of living mean?
a)
how to live where you are living
b)
different levels of living for different people
c)
standards of how everyone should live in countries
d)
levels of wealth and material comfort available in a country
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