PFF Unit 1, American Families and the Economy Vocab Practice

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Quizizz Content
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Mathematics
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12th Grade
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1 plays
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Easy
12 questions
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1.
MULTIPLE CHOICE
1 min • 1 pt
What is economics the study of?
2.
MULTIPLE CHOICE
1 min • 1 pt
What does the term 'economy' refer to?
3.
MULTIPLE CHOICE
1 min • 1 pt
What system determines the prices of services and goods in market economics?
4.
MULTIPLE CHOICE
1 min • 1 pt
What is the main characteristic of barter systems?
5.
MULTIPLE CHOICE
1 min • 1 pt
What economic system involves no government presence in economic transactions?
6.
MULTIPLE CHOICE
1 min • 1 pt
What type of economics involves goods and services exchanged without immediate or expected return?
7.
MULTIPLE CHOICE
1 min • 1 pt
What does an economic system organize?
8.
FILL IN THE BLANK
1 min • 1 pt
Tariffs are _____ imposed on imports and/or exports
9.
FILL IN THE BLANK
1 min • 1 pt
Anti-trust Suits are used against companies to encourage ________ in particular industry and break up monopolies.
10.
FILL IN THE BLANK
1 min • 1 pt
Capitalism is a form of market economy where _________ owned businesses are engaged in making a profit
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