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Soc Studies 6 - 45.0070000 - Moultrie - Period 03QuizzesDo Now - December 2, 2025
2025/2026 School Year
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Do Now - December 2, 2025
Started: Dec 2 at 12:18pm
Quiz Instructions
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Flag question: Question 1
Question 150 pts
Look at the statement and answer the question below:

“Businesses can make their own decisions about what to produce.”



What economy does this sound more like?

image.png

Group of answer choices

Traditional Economy

Market Economy

Command Economy

Flag question: Question 2
Question 250 pts
Look at the statement and answer the question below:

“The government decides what will be produced and how much it will cost.”



What economy does this sound more like?

image.png

Group of answer choices

Traditional Economy

Market Economy

Command Economy

Flag question: Question 3
Question 3100 pts
Explain your reasons for selecting your answers to number 1 and 2.

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All Answers 1

Answered by GPT-5 mini AI
Question 1: Market Economy

Question 2: Command Economy

Question 3 (explanation):
- The statement “Businesses can make their own decisions about what to produce” fits a market economy because production choices are made by private firms and consumers responding to supply, demand, and price signals rather than by the government.
- The statement “The government decides what will be produced and how much it will cost” fits a command economy because a central authority or government plans production and sets prices, controlling what and how much is made instead of letting businesses and consumers decide.