Economic Systems Review
Authored by Doris Martin
Social Studies
6th - 8th Grade
Used 25+ times
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45 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What type of economy is there NO pure version of?
Mixed Economy
Command Economy
Traditional Economy
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is a good going OUT of a country?
Export
Import
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is a good going IN of a country?
Export
Import
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Countries should have more exports than imports.
True
False
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following is NOT a Productive Resource?
Natural Resources
Capital Goods
Human Capital
Literacy Rate
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A Decrease in Literacy Rate, causes a ____________ in Standard of Living.
Increase
Decrease
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A Increase in Literacy Rate, causes a ____________ in Standard of Living.
Increase
Decrease
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