©BRIGHTSTARS EXAM SOLUTIONS
10/21/2024 9:24 PM
Economic Systems Test Questions And
Answers 100% Pass
Which of the following is an advantage of communism? - answer✔allows for large changes to be
made quickly
Which of the following is NOT a country with a traditional economy? - answer✔Canada
Which of the following is the way a society produces goods and services? - answer✔economic
systems
Little to no freedom in selecting a career and workplace is a characteristic in which economic
system? - answer✔Communism
Which of the following is NOT one of the three main types of economic systems? -
answer✔strong arm
A private enterprise system permits which of the following to make economic decisions? -
answer✔individuals
A private enterprise system does NOT do which of the following to motivate business to
succeed? - answer✔providing citizens with a career and workplace
An entrepreneur does NOT do which of the following with the risks of a business or enterprise? -
answer✔displaces
Which of the following began at the dawn of civilization? - answer✔agricultural economy
Which of the following took over America in the late 1900s? - answer✔information economy
Which of the following is NOT one of the three main economic systems? - answer✔fascism
What is another name for the private enterprise system? - answer✔capitalism
Which of the following is a characteristic of an entrepreneur? - answer✔risk taking
Which of the following is a country which operates under command/communism? -
answer✔North Korea
10/21/2024 9:24 PM
Economic Systems Test Questions And
Answers 100% Pass
Which of the following is an advantage of communism? - answer✔allows for large changes to be
made quickly
Which of the following is NOT a country with a traditional economy? - answer✔Canada
Which of the following is the way a society produces goods and services? - answer✔economic
systems
Little to no freedom in selecting a career and workplace is a characteristic in which economic
system? - answer✔Communism
Which of the following is NOT one of the three main types of economic systems? -
answer✔strong arm
A private enterprise system permits which of the following to make economic decisions? -
answer✔individuals
A private enterprise system does NOT do which of the following to motivate business to
succeed? - answer✔providing citizens with a career and workplace
An entrepreneur does NOT do which of the following with the risks of a business or enterprise? -
answer✔displaces
Which of the following began at the dawn of civilization? - answer✔agricultural economy
Which of the following took over America in the late 1900s? - answer✔information economy
Which of the following is NOT one of the three main economic systems? - answer✔fascism
What is another name for the private enterprise system? - answer✔capitalism
Which of the following is a characteristic of an entrepreneur? - answer✔risk taking
Which of the following is a country which operates under command/communism? -
answer✔North Korea
