NEW
Font size
S
M
L
XL
WorksheetsLatin America: Economic Systems
Total questions: 8
Worksheet time: 4mins
Name
Class
Date
1.
A traditional economy is based on _________________.
a)
Tradition
b)
Only supply and demand
c)
Manufacturing
d)
Factories
2.
A traditional economy largely depends on _________________.
a)
Technology
b)
Skyscrapers
c)
Airplanes
d)
Agriculture
3.
In which type of economy does the government make all the decisions?
a)
Market
b)
Command
c)
Republic
d)
Tradition
4.
A command economy is typically operated by _____________.
a)
Dictator
b)
Prime Minister
c)
President
d)
Traditions
5.
In a command economy , the people own all the businesses.
a)
True
b)
False
6.
Which of the following is a negative aspect of command economies?
a)
Based on supply and demand
b)
The citizens often regulate the economy.
c)
The citizens make all of the money
d)
The government limits entrepreneurship
7.
Which type of economy does Mexico have?
a)
Mixed
b)
Communist
c)
Command
d)
Traditional
8.
Mexico has an economy based on _______________.
a)
Limited trade
b)
Minimal trade
c)
Government control
d)
Trade, manufacturing, services, and finance
Reset
