Economic Systems of Europe Test Review
Quiz by Steffensen, Emily L
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- view complete results in the Gradebook and Mastery Dashboards
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
Our brand new solo games combine with your quiz, on the same screen
Correct quiz answers unlock more play!
50 questions
Show answers
- Q1study of how people and societies use limited resources to satisfy unlimited wants; the management of scarcity and choiceEconomics30sEditDelete
- Q2Limited quantities of resources to meet unlimited wantsScarcity30sEditDelete
- Q3Desires that can be satisfied by consuming a good or serviceWants30sEditDelete
- Q4requirements for survival, such as food, clothing, and shelterNeeds30sEditDelete
- Q5Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gainNatural Resources30sEditDelete
- Q6Human effort directed toward producing goods and servicesLabor30sEditDelete
- Q7a risk- taking individual in search of profits who does something new with existing resourcesentrepreneurs30sEditDelete
- Q8A collection of businesses with a common line of products or servicesIndustry30sEditDelete
- Q9The deliberate effort to modify a portion of Earth's surface through the cultivation of crops and the raising of livestock for sustenance or economic gain.Agriculture30sEditDelete
- Q10Any activity that fulfills a human want or need and returns money to those who provide it.Service30sEditDelete
- Q11financial wealth, especially that used to start or maintain a businessCapital30sEditDelete
- Q12A figure indicating how long, on average, a person may be expected to liveLife Expectancy30sEditDelete
- Q13The sum total of the value of all the goods and services produced in a nationgross domestic product (GDP)30sEditDelete
- Q14Gross domestic product divided by the number of people in the population.GDP per Capita30sEditDelete
- Q15the ability to read and writeLiteracy30sEditDelete
- Q16An economy in which production is based on customs and traditions and economic roles are typically passed down from one generation to the next.Traditional Economy30sEditDelete
- Q17An economic system in which the government controls a country's economy.Command Economy30sEditDelete
- Q18Economic decisions are made by individuals or the open market.Market Economy30sEditDelete
- Q19Economic system in which individuals and businesses are allowed to compete for profit with a minimum of government interferenceFree Enterprise30sEditDelete
- Q20An economy in which private enterprise exists in combination with a considerable amount of government regulation and promotion.Mixed Economy30sEditDelete