Intro to Econ

Instructions

​Click this link

The link above will open the slideshow!
The rest of this lesson is a open notes Quizizz activity.

USE the slides to answer the questions. The answers come DIRECTLY from the slide show.

Dropdown

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The study of how things are bought and sold



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Any item that can be bought an sold



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Any activity that one person or group performs for another for payment



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Anything that can be used to produce goods and services

Fill in the Blanks

What is necessary for production to occur (entrepreneurship, land, labor, and capital resources)

Fill in the Blanks

The willingness to take risks to combine land, labor, and capital resources to start a business

Fill in the Blanks

The difference between the amount spent on production and the amount earned

Categorize

Options (11)

Clothes

computers

electronics

video games

groceries

doctors

lawyers

firefighters

hair stylists

plumbers

teachers

Organize these options into the right categories

Good

Service

Multiple Choice

Which of these is NOT a factor of production?

• Natural resources

• Labor

• Capital

• Entreprenuership

• Managers

Hotspot

Which of these are examples of capital resources?

Labeling

Label pls :)

Drag labels to their correct position on the image

renewable

nonrenewable

Categorize

Options (7)

wood

water

coal

oil

natural gas

petroleum

paper

Organize these resources into the right categories.

renewable

nonrenewable

Multiple Choice

Identify if the following is a part of microeconomics or macroeconomics:

A nation prints more money, causing inflation

• Microeconomics

• Macroeconomics

Multiple Choice

Identify if the following is a part of microeconomics or macroeconomics:

A local store has a buy one, get one free sale

• Microeconomics

• Macroeconomics

Multiple Choice

Identify if the following is a part of microeconomics or macroeconomics:

Oil production decreases, and gas prices rise nationwide.

• Microeconomics

• Macroeconomics