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Russia Economy

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

Government makes all economic decisions in a _______________ economy.

a)

Free Market

b)

Mixed

c)

Communist

d)

I don't know

2.

What's the main purpose of education under the Soviet system?

a)

To form well-rounded citizens

b)

To prepare students to work in a communist economy

c)

To train kids to solve problems and think critically

3.

Based on the excerpt, for what reason did many ethnic Russians move to other Soviet republics during the middle of the 20th century?

a)

For economic reasons

b)

For social reasons

c)

For cultural reasons

4.

What system were Russian economics based on during imperial Russia?

a)

democracy

b)

the caste system

c)

the feudal system

d)

theocracy

5.

What type of economy does Russia have today?

a)

Free Market

b)

Mixed

c)

Communist

d)

Traditional

6.

Which sector contributes the most to Russia's GDP?

a)

Agriculture

b)

Manufacturing

c)

Services

d)

Energy

7.

What is the currency used in Russia?

a)

Euro

b)

Dollar

c)

Ruble

d)

Yen

8.

Which natural resource is Russia the largest exporter of?

a)

Gold

b)

Oil

c)

Coal

d)

Natural Gas

9.

What was the economic system in Russia before the 1990s?

a)

Capitalism

b)

Feudalism

c)

Socialism

d)

Mercantilism

10.

Which organization is Russia a part of that influences its economic policies?

a)

NATO

b)

OPEC

c)

BRICS

d)

EU

11.

What is a major challenge facing the Russian economy?

a)

Lack of natural resources

b)

Aging population

c)

High inflation

d)

Trade surplus

12.

Which city is considered the financial center of Russia?

a)

St. Petersburg

b)

Novosibirsk

c)

Moscow

d)

Kazan

13.

What is the main export partner of Russia?

a)

China

b)

Germany

c)

United States

d)

India

14.

Which industry is a significant part of Russia's economy besides energy?

a)

Textiles

b)

Automotive

c)

Technology

d)

Mining

15.

What economic transition did Russia undergo in the 1990s?

a)

Industrialization

b)

Digitalization

c)

Privatization

d)

Nationalization