What Kind Of Economy Am I?
8 Questions
| Total Attempts: 211
Questions and Answers
- 1.
![The expression]( "The expression")
The expression "supply and demand" reflects what kind of economy?- A.
Command economy
- B.
Traditional economy
- C.
Market economy
- D.
Mixed economy
- 2.
![In a command economy prices for goods and services are set by ... - ProProfs]( "In a command economy prices for goods and services are set by ...")
In a command economy prices for goods and services are set by ...- A.
The government
- B.
A group of community members
- C.
Negotiation
- D.
The producers
- 3.
![The Native American system of trading game for tools represents what kind of economy? - ProProfs]( "The Native American system of trading game for tools represents what kind of economy?")
The Native American system of trading game for tools represents what kind of economy?- A.
Mixed economy
- B.
Traditional economy
- C.
Market economy
- D.
Command economy
- 4.
![An economy in which a producer keeps all the profits is called ... - ProProfs]( "An economy in which a producer keeps all the profits is called ...")
An economy in which a producer keeps all the profits is called ...- A.
A mixed economy
- B.
A traditional economy
- C.
A market economy
- D.
A command economy
- 5.
![An economy that is ruled by the people is a ... - ProProfs]( "An economy that is ruled by the people is a ...")
An economy that is ruled by the people is a ...- A.
Market economy
- B.
Mixed economy
- C.
Traditional economy
- D.
Command economy
- 6.
![A grouping of farms governed by community leaders could be an example of ... - ProProfs]( "A grouping of farms governed by community leaders could be an example of ...")
A grouping of farms governed by community leaders could be an example of ...- A.
A command economy
- B.
A traditional economy
- C.
A market economy
- D.
A mixed economy
- 7.
![Communist styles of government usually feature what kind of economy? - ProProfs]( "Communist styles of government usually feature what kind of economy?")
Communist styles of government usually feature what kind of economy?- A.
A mixed economy
- B.
A traditional economy
- C.
A market economy
- D.
A command economy
- 8.
![What type of economy do we have in the United States? - ProProfs]( "What type of economy do we have in the United States?")
What type of economy do we have in the United States?- A.
A traditional economy
- B.
A market economy
- C.
A command economy
- D.
A mixed economy
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