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Social Studies, Geography
9th -
12thgrade
Economic Systems and Activities
20 questions
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- 1. Multiple Choice
This economic system is based on individual freedom.
Traditional
Command (Communism)
Free Market
- 2. Multiple Choice
This economic system is controlled by the government.
Traditional
Command (Communism)
Free Market
- 3. Multiple Choice
Today, most economies are:
Free Market
Traditional
Mixed
Command (Communism)
- 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 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
- 6. Multiple ChoiceNike and Under Armour sell similar products. This leads to a decrease in price and an increase in quality.Free MarketCommandTraditional
- 7. 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
- 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 Choice
Which level of development is a country where most people work at the subsistence level?
More Developed
Newly Industrialized
Less Developed
- 11. Multiple Choice
Countries where many people work in research and development are in this level of economic development.
More Developed
Newly Industrialized
Less Developed
- 12. Multiple Choice
Country where there are factories that make products mainly for export are in which level of economic development.
More Developed
Newly Industrialized
Less Developed
- 13. Multiple ChoiceWhich type of economic activity extracts or harvests raw materials?PrimarySecondaryTertiaryQuaternary
- 14. Multiple ChoiceWhich type of economic activity processes and distributes information?PrimarySecondaryTertiaryQuaternary
- 15. Multiple ChoiceWhich type of economic activity uses raw materials to produce something new?PrimarySecondaryTertiaryQuaternary
- 16. Multiple ChoiceChoose the correct examples of a primary activity.truck driver, doctor, store clerk, restaurantmanufacturing and constructionmining, agriculture, fishingresearch and data processing
- 17. Multiple ChoiceChoose the correct examples of a secondary activity.truck driver, doctor, store clerk, restaurantmanufacturing and constructionmining, agriculture, fishingresearch and data processing
- 18. Multiple ChoiceChoose the correct examples of a tertiary activity.truck driver, doctor, store clerk, restaurantmanufacturing and constructionmining, agriculture, fishingresearch and data processing
- 19. Multiple ChoiceChoose the correct examples of a quaternary activity.truck driver, doctor, store clerk, restaurantmanufacturing and constructionmining, agriculture, fishingresearch and data processing
- 20. Multiple Choice
Which of the following is not a fundamental economic question?
What should be produced?
How should it be produced?
How should the products be distributed?
Who should get it?
- Answer choicesTagsAnswer choicesTags