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WorksheetsEconomic Systems
Total questions: 15
Worksheet time: 15mins
In which economic system is there TOTAL government control?
Market Economy
Traditional Economy
Command Economy
In which economic system are people motivated by pay?
Market Economy
Traditional Economy
Command Economy
In which economic system is there competition among business?
Market Economy
Traditional Economy
Command Economy
Which economic system is based on how things are done in the past?
Market Economy
Traditional Economy
Command Economy
In which economic system is the money shared between all people?
Market Economy
Traditional Economy
Command Economy
In which economic system is there a lack of economic growth?
Market Economy
Traditional Economy
Command Economy
Which economic system depends on supply and demand?
Market Economy
Traditional Economy
Command Economy
In which economic system is there no private ownership?
Market Economy
Traditional Economy
Command Economy
In which economic system do children follow in the footsteps of their parents?
Market Economy
Traditional Economy
Command Economy
Can the government control SOME parts of a market economy?
Yes
No
In which economic system does the consumer have a choice of products to buy?
Market Economy
Traditional Economy
Command Economy
In which economic system are there no social classes?
Market Economy
Traditional Economy
Command Economy
In which economic system does the government make all economic decisions?
Market Economy
Traditional Economy
Command Economy
Which economic system is found in underdeveloped nations and tribes in isolated areas?
Market Economy
Traditional Economy
Command Economy
Which economic system is found in the United States?
Market Economy
Traditional Economy
Command Economy
