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Econ Topic 1A.1 Scarcity & Decision Making

Econ Topic 1A.1 Scarcity & Decision Making

Assessment

Interactive Video

Social Studies

12th Grade

Hard

Created by

Natalie Harmon

FREE Resource

56 questions

Show all answers

1.

SLIDE QUESTION

30 sec • Ungraded

2.

SLIDE QUESTION

30 sec • Ungraded

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the concept of scarcity important in economics?

Because resources are unlimited

Because resources are limited and choices must be made

Because everyone has the same needs

Because money is always available

4.

SLIDE QUESTION

30 sec • Ungraded

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the three main topics covered in Unit 1?

Scarcity & Decision Making

Circular Flow Model

Production Possibilities Curve

International Trade

6.

SLIDE QUESTION

30 sec • Ungraded

7.

SLIDE QUESTION

30 sec • Ungraded

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