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Economic Concepts

Quiz by Matt

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5 questions
Show answers
  • Q1
    What type of economic system would focus on equality and security?
    Market Economy
    Command Economy
    Mixed Economy
    Traditional Economy
    10s
  • Q2
    What type of economic system would encourage competition amongst companies and businesses?
    Traditional Economy
    Free Economy
    Market Economy
    Growth Market
    10s
  • Q3
    Which economic system has competitive prices at stores but has rules and regulations on products in those stores.
    Traditional Economy
    Market Economy
    Command Economy
    Mixed Economy
    10s
  • Q4
    This is the way a country manages its money and resources (workers, land) to produce, buy, and sell goods & services?
    Economy
    Flipping a coin
    Market Enterprise
    Financial Planning
    10s
  • Q5
    10s

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