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6SW3.2.2 Article 5: Economy of the United States QUESTIONS

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What type of economy does the United States operate under? Mark only one oval.

a)

Command economy

b)

Mixed economy

c)

Traditional economy

d)

Barter economy

2.

How does supply and demand affect what products are made in the U.S.? Mark only one oval.

a)

Government decides everything

b)

People's wants create demand

c)

Businesses ignore consumer needs

d)

Prices are fixed by law

3.

What role does the government play in the U.S. economy? Mark only one oval.

a)

It controls all businesses

b)

It ensures fairness and competition

c)

It only collects taxes

d)

It has no role

4.

How has technology impacted the U.S. economy? Mark only one oval.

a)

Made industries less efficient

b)

Increased global competition

c)

Reduced job opportunities

d)

Limited communication

5.

What is one major benefit of the internet for American businesses? Mark only one oval.

a)

It limits their audience

b)

It creates a digital marketplace

c)

It reduces product quality

d)

It increases local sales only

6.

Why is education important for the U.S. economy? Mark only one oval.

a)

It makes people less competitive

b)

It helps workers meet business demands

c)

It has no impact

d)

It only benefits teachers

7.

What does a strong infrastructure provide for American businesses? Mark only one oval.

a)

Increased trade barriers

b)

Better transportation and communication

c)

Less access to resources

d)

Higher taxes

8.

What is the symbol for the U.S. dollar? Mark only one oval.

a)

£

b)

c)

$

d)

¥

9.

What do U.S. currency bills and coins feature? Mark only one oval.

a)

Only numbers

b)

Important American figures and symbols

c)

Only colors

d)

Random images

10.

What is the national motto found on U.S. currency? Mark only one oval.

a)

In God We Trust

b)

Liberty and Justice

c)

E Pluribus Unum

d)

United We Stand