Types Of Economic System

3 Questions

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Economic System Quizzes & Trivia

This quiz is about economic system.


Questions and Answers
  • 1. 
    It is also known as the subsistence economy. What type of economic system is this?
    • A. 

      Command economy

    • B. 

      Traditional economy

    • C. 

      Mixed economy

  • 2. 
    What economic system which is a mixture of the different types of economy?
    • A. 

      Mixed economy

    • B. 

      Market system

    • C. 

      Command economy

  • 3. 
    It is a type of economic system that features "free enterprise" meaning that any individual can engage in any enterprise.
    • A. 

      Mixed economy

    • B. 

      Market system

    • C. 

      Traditional economy