Economic History of Economic Institutions
Description: This quiz focuses on the history of economic institutions, exploring how they have evolved over time and their impact on economic development. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economic history economic institutions economic development |
Which of the following is NOT a characteristic of feudalism?
What was the primary economic activity in medieval Europe?
Which economic system is characterized by private ownership of property and the profit motive?
What was the dominant economic theory in the 18th and 19th centuries?
Which economic system is characterized by government ownership and control of the means of production?
What was the primary economic activity in the United States during the 19th century?
Which economic system is characterized by a mixed economy, combining elements of both capitalism and socialism?
What was the dominant economic theory in the 20th century?
Which economic system is characterized by the absence of private property and the collective ownership of resources?
What was the primary economic activity in the United States during the 20th century?
Which economic system is characterized by government regulation and intervention in the economy?
What was the dominant economic theory in the 21st century?
Which economic system is characterized by a command economy, where the government makes all economic decisions?
What is the primary economic activity in the global economy today?
Which economic system is characterized by a market economy, where prices are determined by supply and demand?