M2 Unit 5: Economic Systems, Dependence, and Competition
Assessment
•
Marvin Recuenco
•
Social Studies
•
8th Grade
•
46 plays
•
Hard
Student preview
15 questions
Show all answers
1.
MULTIPLE CHOICE
30 sec • 1 pt
It is an economic process under the cooperation of humans in creating and using resources to satisfy the needs of members of society.
2.
MULTIPLE CHOICE
30 sec • 1 pt
It is sometimes called a free enterprise system or a market system.
3.
MULTIPLE CHOICE
30 sec • 1 pt
Which is a characteristic that best describes capitalism?
4.
MULTIPLE CHOICE
30 sec • 1 pt
It is a central planning system is an economic system that several economic units that operate under the control of the state.
5.
MULTIPLE CHOICE
30 sec • 1 pt
Which characteristics best describe socialism?
6.
MULTIPLE CHOICE
30 sec • 1 pt
It is an economic system where the state allows the private sector freedom in production.
7.
MULTIPLE CHOICE
30 sec • 1 pt
TRUE or FALSE: In Mixed Economy the competition is allowed, but the state will intervene to ensure fair treatment and to prevent monopoly.
8.
MULTIPLE CHOICE
30 sec • 1 pt
It is a condition in which one country depends on other countries for economic reasons, or in a manner that they rely on one another.
9.
MULTIPLE CHOICE
30 sec • 1 pt
This often leads to a change in economic relation between the trading countries.
10.
MULTIPLE CHOICE
30 sec • 1 pt
This may be made from both sides of investing countries; example the US invest in Canada and vice versa.
Explore all questions with a free account
Find a similar activity
Create activity tailored to your needs using
.svg)
Globalization
•
6th Grade - University
Conflict and Cooperation
•
6th Grade - University
Self-Reliance
•
8th Grade - University
Supporting Development Worldwide
•
8th Grade
Understanding the Rise of Hitler
•
8th Grade
Opec
•
7th Grade - University
Global Cooperation
•
6th - 8th Grade
GLOBALISATION
•
8th Grade