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Worksheets

Economies

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

The government tells people what to buy and how much to buy:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

2.

Farming is the main way this economy supports people:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

3.

People are allowed to own businesses and set prices:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

4.

Bartering and trading are mainly used in this economy:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

5.

People typically vote in this economy:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

6.

This economy would be present under a dictator:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

7.

This type of economy usually has a HIGH Standard of Living:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

8.

This type of economy usually has a LOW Standard of Living:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

9.

A developing country would have this economy:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

10.

A developed country would have this economy:

a)

Traditional Economy

b)

Market Economy

c)

Command Economy

11.

This country would have a market economy:

a)

United States

b)

Afghanistan

c)

North Korea

d)

No country has a market economy

12.

This country would have a traditional economy:

a)

United States

b)

Afghanistan

c)

North Korea

d)

No country has a market economy

13.

Which International Organization might help a country with a developing economy that is poor?

a)

Red Cross

b)

OPEC

c)

World Bank