

American Economics
Presentation
•
Social Studies
•
8th - 11th Grade
•
Medium
Michael McCarthy
Used 27+ times
FREE Resource
14 Slides • 15 Questions
1
American Economy
Please flip through these slides, reading through the information that appears. Then, you answer the questions based on the information you have seen.

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6
Multiple Choice
Use the image to your left to help you answer this question:
If the supply is high, and the demand is low, what will the price of an item be?
High Price
Low Price
Fair Price
7
Multiple Choice
Use the image to your left to help you answer this question:
If the supply is high, and the demand is high, what will the price of an item be?
High Price
Low Price
Fair Price
8
Multiple Choice
Use the image to your left to help you answer this question:
If the supply is low, and the demand is low, what will the price of an item be?
High Price
Low Price
Fair Price
9
Multiple Choice
Use the image to your left to help you answer this question:
If the supply is low, and the demand is high, what will the price of an item be?
High Price
Low Price
Fair Price
10
11
Multiple Choice
Wood cut down from the forest is considered a...
Natural Resource
Human Resource
Capital Resource
12
Multiple Choice
The Amazon warehouse and shipping center is considered a...
Natural Resource
Human Resource
Capital Resource
13
Multiple Choice
The rise of Immigrants coming into the United States is considered a...
Natural Resource
Human Resource
Capital Resource
14
Multiple Choice
The Cotton Gin, invented by Eli Whitney, is an example of a
Natural Resource
Human Resource
Capital Resource
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23
Multiple Choice
Use the image to your left to help you answer the following question:
A "command market" is better known as...
Capitalism
Socialism
Communism
24
Multiple Choice
Use the image to your left to help you answer the following question:
A market that practices "laissez-faire" is...
Capitalism
Socialism
Communism
25
Multiple Choice
Use the image to your left to help you answer the following question:
A market that follows the law of supply and demand fully is...
Capitalism
Socialism
Communism
26
Multiple Choice
Use the image to your left to help you answer the following question:
A government that has SOME limitations on consumer choice is...
Capitalism
Socialism
Communism
27
Multiple Choice
Use the image to your left to help you answer the following question:
A government that has COMPLETE control over consumer choice is...
Capitalism
Socialism
Communism
28
Multiple Choice
Use the image to your left to help you answer the following question:
A free or open market is an example of...
Capitalism
Socialism
Communism
29
Multiple Choice
According to our slides, the United States is considered a...
Fully Capitalist economy
Fully Socialist economy
Fully Communist economy
A mixed economy, with many different elements to it
American Economy
Please flip through these slides, reading through the information that appears. Then, you answer the questions based on the information you have seen.

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