Types of Economic Change


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question 1 of 3

Which of these is NOT a type of economic change?

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1. Which of these is an example of innovation?

2. Which of these is an example of a nationalized service?

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About This Quiz & Worksheet

This quiz/worksheet combination will check your understanding of various types of economic change. Quiz topics include examples of innovation and the groups that benefit from globalization.

Quiz & Worksheet Goals

Quiz questions revolve around these topics:

  • Examples of a nationalized service
  • Types of economic change
  • An example of globalization at work

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information given about changing economies
  • Defining key concepts - ensure that you can accurately define main phrases, such as innovation and nationalized service
  • Information recall- access the knowledge you've gained regarding various types of economic change
  • Knowledge application - use your knowledge to answer questions about the benefits of globalization

Additional Learning

If you would like to learn more about this topic, review the lesson called Types of Economic Change. This lesson covers the following objectives:

  • Learn how globalization affects consumers
  • Compare and contrast the concepts of privatization and nationalization
  • Discuss the importance of a changing and evolving economy