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Europe's Economics, Government and Trade

Quiz by Jennifer Nix

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25 questions
Show answers
  • Q1

    What is one economic question that every country must answer?

    How to grow

    Whom to help

    What to produce

    What to grow

    30s
  • Q2

    In a traditional economy members trade by

    growing crops.

    buying.

    going to market.

    bartering.

    30s
  • Q3

    When the government makes all decisions this is called a

    command economy.

    market economy.

    mixed economy. 

    traditional economy.

    30s
  • Q4

    There are no pure market economies in Europe.

    True

    False

    30s
  • Q5

    Most democratic countries in Europe have a 

    market economy.

    pure economy.

    mixed economy.

    traditional economy.

    30s
  • Q6

    In which type of economic system are the price of goods and services controlled by the government?

    mixed

    market

    traditional

    command

    30s
  • Q7

    What type of economic system is found in the UK?

    mixed

    traditional

    market

    command

    30s
  • Q8

    Germany has a ____________ economic system.

    command

    traditional

    market

    mixed

    30s
  • Q9

    Reunification caused West Germany's economy to experience a major set-back when it absorbed East Germany's economic problems.

    False

    True

    30s
  • Q10

    Russia has a _________________ economy.

    mixed

    traditional

    market

    30s
  • Q11

    _______________________ is closest to having a pure market.

    Russia

    Ukraine

    United Kingdom

    Germany

    30s
  • Q12

    Why do countries specialize?

    Because different countries have different types of money.

    So they can charge more money.

    To allow free movement of people.

    Because no country has all of the resources necessary to produce all of the goods its people need.

    30s
  • Q13

    A ban on trade.

    Tariff

    Quota

    Embargo

    30s
  • Q14

    Taxes on all wood coming into a country.

    Embargo

    Quota

    Tariff

    30s
  • Q15

    Limits on amount of cars into the country.

    Tariff

    Quota

    Embargo

    30s

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