Social Studies

12th

grade

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Economic System (Practice 1)

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15 questions

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  • 1. Multiple Choice
    1 minute
    1 pt
    The four types of economic systems are: 
    Traditional, Command, Mixed, & Market
    Traditional, Command, Combined, & Market
    Communism, Capitalism, Free Market, and Macroeconomics
    Microeconomics, Macroeconomics, Individual, and Traditional.
  • 2. Multiple Choice
    1 minute
    1 pt
    What are the 3 economic questions?
    What to produce? How To Produce? For whom to produce?

    Who to produce? Why you produce? When to produce?

    Why to produce? Tell who to produce? Things to produce?
  • 3. Multiple Choice
    1 minute
    1 pt

    Private individuals are free to gain profit from their business.

    Command

    Free Market

    Traditional

    Mixed

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