Have an account?
Skip to Content
Build your own quiz
12 questions
Show Answers
See Preview
- 1. Multiple ChoiceSam loves science and wants to become a doctor but he is learning how to make clay bricks like his father and grandfather.Free MarketTraditionalMixedCommand
- 2. Multiple ChoiceKatia is an accountant in a government run business where she was placed after graduation.CommandTraditionalFree MarketMixed
- 3. Multiple ChoiceMary Ann runs a car dealership selling only government produced cars. At the end of the month Mary Ann must give all of the money she made back to the government.TraditionalFree MarketMixedCommand
- 4. Multiple ChoiceJoe owns a shoe store. At the end of the month Joe decides what to do with his profits.CommandFree MarketTraditional
- 5. Multiple ChoiceNike and Under Armour sell similar products. This leads to a decrease in price and an increase in quality.Free MarketCommandTraditional
- 6. Multiple ChoiceSarah would like to become a doctor when she grows up. Unfortunately, she lives in a country where her job will be decided for her by the government.TraditionalFree MarketMixedCommand
- 7. Multiple ChoiceTed is working towards his dream of becoming a lawyer by working at a law firm as a legal clerk.Free MarketTraditionalCommand
- 8. Multiple ChoiceSally works in a private company that has to follow government rules for public safety.Free MarketCommandMixedTraditional
- 9. Multiple ChoiceWho or what answers the basic economic questions in a mixed economy?Individuals and BusinessesGovernmentCustomIndividuals, Businesses, and Government
- 10. Multiple ChoiceWho or what answers the basic economic questions in a traditional economy?Individuals and BusinessesGovernmentCustomIndividuals, Businesses, and Government
- 11. Multiple ChoiceWho or what answers the basic economic questions in a command economy?Individuals and BusinessesGovernmentCustomIndividuals, Businesses, and Government
- 12. Multiple ChoiceWho or what answers the basic economic questions in a free market economy?Individuals and BusinessesGovernmentCustomIndividuals, Businesses, and Government
- Answer choicesTagsAnswer choicesTags