Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
CE 11 Review #2
Test Description: SOL Review for CE 11 with a focus on CE 11b.
Instructions: Answer all questions to get your test result.
1) The way a country deals with the production, distribution, and consumption of goods and services within its society is known as its?
A
economic system
B
entrepreneurship
C
government
D
production cost
2) There are different types of economic systems. The one that a country develops for the use of its limited productive resources depends mainly on?
A
The diversity of the county
B
The country's leaders
C
The extent of government involvement
D
A country's population
3) Government ownership of resources is a characteristic of what economic system?
A
Free Market
B
Mixed
C
Traditional
D
Command
4) Who has the most influence in a free market economic system?
A
Producers
B
Consumers
C
Government
D
Lawyers
5) An economy where communities use simple tools and methods to harvest and hunt for food often results in little economic growth describes which type of economy?
A
Mixed
B
Traditional
C
Command
D
Free Market
6) Who makes decisions for the private sector in a mixed economy?
A
State and local government
B
Government and business
C
Individuals and businesses
D
Individuals and government
7) Which statement describes how a command economic system determines what will be produced?
A
Sporty Motors will produce more of the most popular model bought in the past year
B
The leaders of government will determine how many cars Sporty Motors produces each month
C
Sporty Motors will produce a set number of cars each month that can be traded for tractor parts
D
The government will allow Sporty Motors to keep all profits earned each month to promote growth
8) What type of economic system does the U.S. have?
A
Free market
B
Mixed
C
Traditional
D
Command
9) Private ownership of property or resources, profit motive, competition, consumer sovereignty, and little government involvement describe what kind of economy?
A
Traditional
B
Mixed
C
Free market
D
Command
10) Businesses, individuals, and government make economic decisions in which type of economic system?
A
Command
B
Traditional
C
Mixed
D
Free Market
*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?