Econ 1

Econ 1

Assessment

Flashcard

Social Studies

12th Grade

Practice Problem

Hard

Created by

Wayground Content

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8 questions

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1.

FLASHCARD QUESTION

Front

Not having enough resources is called

Back

scarcity

2.

FLASHCARD QUESTION

Front

True or False, there is no such thing as a free lunch

Back

True

3.

FLASHCARD QUESTION

Front

Land

Back

Cows

4.

FLASHCARD QUESTION

Front

Labor

Back

Workers

5.

FLASHCARD QUESTION

Front

Capital

Back

Money

6.

FLASHCARD QUESTION

Front

Which is not a basic question in Economics: What to Produce, When to Produce, How to Produce, For Whom to Produce?

Back

When to Produce

7.

FLASHCARD QUESTION

Front

The Invisible Hand is found in what type of Economy?

Back

Market

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