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Economy
Test Description: Economis systems found in Europe
Instructions: Answer all questions to get your test result.
1) Jobs are passed down from one generation to another generation
A
Market
B
Command
C
Traditional
2) Workers are told what and how much to produce in a given time
A
Traditional
B
Command
C
Market
3) Farming, hunting and gathering are main part of this economy
A
Command
B
Market
C
Traditional
4) Also called free enterprise or capitalism
A
Market
B
Command
C
Traditional
5) Most of Europe operates with this type of economic system
A
Traditional
B
Market
C
Command
6) Government determines what to produce, how to produce, and the prices
A
Command
B
Traditional
C
Market
7) Customs and habits of the past decide what and how goods are produced
A
Command
B
Traditional
C
Market
8) Three basic economic questions
A
What to produce, When to produce, Where to produce
B
What to produce, How to produce, Who to produce for
C
Why to produce, How to produce, When to produce
9) Which is least likely to found in Europe?
A
Market
B
Traditional
C
Command
10) Which European country is closest to a command economy?
A
Russia
B
Cuba
C
United Kingdom
*select an answer for all questions
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