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Lessons 6-8 Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

When two countries trade with each other, this type of trade is known as...

a)

Foreign Trade

b)

Domestic Trade

c)

Civil Trade

d)

Comparative Trade

2.

Which of the following is NOT a type of economy?

a)

Traditional Economy

b)

Market Economy

c)

Mixed Economy

d)

Direct Economy

3.

A club is having a candy sale to raise money. On Monday, they brought 100 pieces of candy to sale. The library was also giving out candy for any student who completed a survey. Which was lower on this day for the club who was trying to sale candy?

a)

Supply

b)

Demand

4.

_____________ are businesses who make and sale goods while ________________ are the people who buy them.

a)

Producers, consumers

b)

Consumers, producers

c)

Consumers, economy

d)

Producers, economy

5.

_________________ trade is trade within the same country while _______________ trade is trade that happens between different countries.

a)

Foreign, domestic

b)

Domestic, foreign

c)

Domestic, regional

d)

Foreign, regional

6.

Which one would cost you more money in the long run?

a)

Gift Cards

b)

Cash

c)

Credit

7.

According to the diagram, which state is contributing THE MOST towards U.S. GDP?

a)

New York

b)

Texas

c)

Floridia

d)

California

8.

Government is a group of ________ who have power to make and enforce _____ for an area.

a)

Laws, people

b)

Taxes, laws

c)

People, taxes

d)

People, laws

9.

What puts limits on the power that a government has?

a)

Constitution

b)

Tariff

c)

Productivity

d)

GDP

10.

If this leader is a king, then what type of government does this country have?

a)

Theocracy

b)

Representative Democracy

c)

Democracy

d)

Monarchy