Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
33. Types Of Economies
Test Description: SocialStudiesGames.net
Instructions: Answer all questions to get your test result.
1) Which not a type of economy?
A
free
B
democratic
C
mixed
D
command
2) Which pair is incorrect?
A
Command = Cuba
B
Mixed = USA
C
Free = Australia
D
Free = China
3) Which is not a characteristic of a command economy?
A
government makes all of the economic decisions
B
lots of government involvement
C
No compeititon
D
Private propety
4) Which is not a characteristic of a command economy?
A
government owns all property
B
no profits
C
lots of government involvement
D
individual choice
5) Which is not a characteristic of a free economy?
A
individual choice
B
competition
C
government owns all property
D
little government involvement
6) Which is not a characteristic of a free economy?
A
little government involvement
B
no competition
C
consumer sovereignty
D
profit driven
7) Which is not associated with a command economy (communism)?
A
free healthcare
B
limited choices (i.e. instead of hundreds of restaurants there is just one restuarant )
C
Individuals get to choose what they buy, sell, and produce
D
government regulation of everything
8) Which is not associated with a free economy (capitalism or a free market as in free of government interference)?
A
healthcare is not free; if you pay more you get better quality, pay less then get less
B
Everyone gets free stuff
C
quality is better and price is lower because businesses compete
D
government does not interfere with businesses and consumer choices
9) In a mixed economy _____________
A
decisions are based on survival
B
the government makes all decisions
C
the government makes some decisions (public sector) and individuals and business make some choices (private sector)
D
the government is not involved
10) Economies around world fall somewhere on the spectrum between command (Communism) and free (capitalism)
A
False
B
True
*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?