Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Economic Systems
Test Description: See if you can figure out which of the economic systems the question is referring to. Good luck
Instructions: Answer all questions to get your test result.
1) The condition that exists when wants exceeds resources available to satisfy wants.
A
stealing
B
poverty
C
scarcity
D
crimes
2) The type of resources that are present without human intervention.
A
capital resources
B
human resources
C
entrepreneurial resources
D
natural resources
3) The type of economy that is run by a central government authority.
A
traditional economoy
B
mixed economy
C
market economy
D
command economy
4) The type of economy where people believe in doing things the way they have in the past.
A
mixed
B
traditional
C
command
D
market
5) In which economy does men and women have specific roles?
A
socialist
B
mixed
C
gender
D
traditional
6) Which are goods produced and used to make other goods and services?
A
capital resources
B
human resources
C
natural resources
D
food
7) Which economy does the U.S. have?
A
weird
B
mixed
C
market
D
all of these
8) What is the study of how individuals and societies seek to satisfy needs and wants through choices?
A
ergonomics
B
economics
C
ecology
D
economicalogicalogistical
9) Which is a disadvantage of a command economy?
A
taxes must be paid
B
promotes illegal business practices
C
fewer choices which make less competition
D
no cell phones or cable to watch spongebob
10) Which are the four types of economic systems?
A
traditional, free enterprise, command, mixed
B
mixed, traditional, command, checkers
C
natural, human, capital, entrepreneurial
D
command, mixed, traditional, resourceful
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?