Economic Systems Quiz
Economic Systems Quiz
Making a profit is highly stressed in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Making money is not stressed in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
You can decide what job you would like to do in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
The government decides what you will do for a job in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
You will work at the same job that your ancestors worked at in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
You work in this economic system to make as much money as you want.
- Market Economy
- Command Economy
- Traditional Economy
You get some money for your work in this economic system, but you also do your job to benefit your country.
- Market Economy
- Command Economy
- Traditional Economy
You do your job because it has always been your family's job.
- Market Economy
- Command Economy
- Traditional Economy
These two economic systems look for the least cost method for production.
You decide what you will produce in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
The government decides what you will produce in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
You produce what your ancestors produced in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Your product is sold to the highest bidder in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Your product goes to those declared in need in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Your product is distributed according to customs in this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Competition, material rewards, self-gain, and freedom are the base values for this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Cooperation, "moral" rewards, societal gain, and government decree are the base values for this economic system.
- Market Economy
- Command Economy
- Traditional Economy
Custom, traditional ways and beliefs are the base values of this economic system.
- Market Economy
- Command Economy
- Traditional Economy