Economics

Economics

Assessment

Flashcard

Other

10th Grade

Practice Problem

Easy

Created by

Wayground Content

Used 1+ times

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9 questions

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1.

FLASHCARD QUESTION

Front

Something we desire but that is not necessary for survival

Back

Want

2.

FLASHCARD QUESTION

Front

Something essential for survival

Back

Need

3.

FLASHCARD QUESTION

Front

Economics is...

Back

studying goods, services, and how people can get them.

4.

FLASHCARD QUESTION

Front

"Scarcity"

Media Image

Back

Having too few or too little of resources

5.

FLASHCARD QUESTION

Front

Which choice best describes the economic problem of scarcity in the world?

Media Image

Back

People have unlimited wants but there is a limited amount of resources

6.

FLASHCARD QUESTION

Front

Who is affected by the condition of scarcity?

Back

All societies

7.

FLASHCARD QUESTION

Front

Why do all societies have to make decisions about how resources will be used?

Back

There are not enough resources for those who want them

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