Economic System Review Question Preview (ID: 38356)


Economics. TEACHERS: click here for quick copy question ID numbers.

What type of system does the government control everything?
a) traditional
b) command
c) market
d) Mixed

What economy is made up of customs and beliefs (farming -the old way)?
a) traditional
b) command
c) market
d) mixed

What type of economy is based on supply and demand?
a) traditional
b) command
c) market
d) mixed

What type of economy consists of both command and market?
a) traditional
b) Command
c) Market
d) Mixed

Which country's economy is mixed but closet to command?
a) Brazil
b) Cuba
c) United States
d) Canada

what country is the closest to a pure market economy?
a) Australia
b) Cuba
c) Germany
d) Russia

All democratic countries in the world have this type of system.
a) traditional
b) command
c) market
d) Mixed

Systems like the former Soviet Union, former East Germany, and Cuba had.
a) traditional
b) command
c) market
d)

Indigenous groups like the Inuits, Aztecs, Incas, Indians, Aborigines had this type of economy.
a) traditional
b) command
c) market
d)

not having enough resources
a) GDP
b) plenty
c) Scarce (Scarcity)
d) full

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 38356 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In
| Sign Up / Register