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Social Studies

11th -

12thgrade

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Economics: Economic Systems

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30 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Since the 1880's, the role of government in the United States has ________________.

    decreased

    been eliminated

    increased significantly

    had no impact on the economy

  • 2. Multiple Choice
    30 seconds
    1 pt

    What motivates people to establish new businesses or expand existing ones?

    private property

    freedom of choice

    government regulations

    profit incentive

  • 3. Multiple Choice
    30 seconds
    1 pt

    When the benefits of an economic action exceed the costs ______________.

    economic efficiency increases

    production of goods and services decreases

    economic efficiency decreases

    economic freedom decreases

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