Economic System Quizzes & Trivia
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Do you know what the economy is? Have you ever imagine how it works? The economic system refers to production, allocating resources, and focusing on the distribution of goods and services, which comprises different institutions...
Questions: 27 | Attempts: 8041 | Last updated: Mar 22, 2022
Sample QuestionWhat are the limitations of a Free enterprise system?
Questions: 5 | Attempts: 1087 | Last updated: Mar 20, 2022
Sample QuestionWhen you are working in a group, who would you consider yourself?
Do you know anything about the economic system? Would you be willing to try this quiz? Some of the ideas in this quiz that you should learn about including financial decisions based on what markets allow us to do, how...
Questions: 10 | Attempts: 956 | Last updated: Mar 21, 2022
Sample QuestionWhich of these is a key economic question face by countries?
When it comes to the world of economics the most important thing to do is to meet the supply in the market while maximizing profits or income. Economic systems as we learned are the means through which governments distribute...
Questions: 7 | Attempts: 318 | Last updated: Mar 20, 2022
Sample QuestionWhich is NOT a basic question of an economic system according to the text?
There are different ways societies use to ensure that limited resources can help meet the endless needs of societies. Having an economic system ensures that one knows when, how, and who to produce to meet the requirements. Do...
Questions: 10 | Attempts: 496 | Last updated: Mar 21, 2022
Sample Question1. Which is a question that nations answer when determining their type of economic system?
Nationalism is a political, social, and economic system characterized by promoting the interests of a particular nation with the purpose of gaining and preserving self-governance, over the the "group's" homeland....
Questions: 10 | Attempts: 115 | Last updated: Mar 22, 2022
Sample QuestionWhen it comes to nationalism, what forms a national identity?
In our economic system we have three main resources that are combined into goods and services. In this quiz we will test the users knowledge of the importance of scarcity of resoures in economics and how effectively the various...
Questions: 10 | Attempts: 216 | Last updated: Mar 22, 2022
Sample QuestionIn economics we have three main resources that are combined into goods and services, these are;
This is a Guided Reading Assignment for 3-3. Be exact. Spelling counts. These are book answers.
Questions: 15 | Attempts: 73 | Last updated: Mar 18, 2022