Compare and contrast free enterprise, socialist, and communist economies in various contemporary societies, including the benefits of the U. S. Free enterprise system;
Track each student's skills and progress in your Mastery dashboards
Give this quiz to my class
Q 1/10
Score 0
Which economic system is characterized by private ownership of resources and minimal government intervention?
30
Socialism
Mixed economy
Free enterprise
Communism
Q 2/10
Score 0
In which type of economy does the government own all the resources and means of production?
30
Free enterprise economy
Communist economy
Socialist economy
Traditional economy
10 questions
Q.
Which economic system is characterized by private ownership of resources and minimal government intervention?
1
30 sec
113.18.b.9.B
Q.
In which type of economy does the government own all the resources and means of production?
2
30 sec
113.18.b.9.B
Q.
Which of the following is a benefit of the U.S. free enterprise system?
3
30 sec
113.18.b.9.B
Q.
Which economic system focuses on achieving equitable distribution of resources as a primary goal?
4
30 sec
113.18.b.9.B
Q.
In which economic system does competition between businesses drive the economy?
5
30 sec
113.18.b.9.B
Q.
Which economic system is characterized by both government and private sector involvement in the production and distribution of goods?
6
30 sec
113.18.b.9.B
Q.
Which economic system aims to eliminate class distinctions by abolishing private ownership of resources?
7
30 sec
113.18.b.9.B
Q.
Which economy is most likely to prioritize individual choice and consumer preferences in determining what goods and services are produced?
8
30 sec
113.18.b.9.B
Q.
In which economic system does the government play a significant role in regulating the economy while still allowing some private enterprise?
9
30 sec
113.18.b.9.B
Q.
Which type of economy relies exclusively on government planning to control all aspects of economic production and distribution?
