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PBMF Chapter 1

Authored by Kelly Boldt

Business

9th - 11th Grade

Used 165+ times

PBMF Chapter 1
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government makes the economic decisions. What type of economy does this country have?

Command

Market

Mixed

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market economy is based on supply and demand

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of resource is a tree?

Natural (Land)

Human (labor)

Capital

Entrepreneurial

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Building is what kind of resource?

Natural
Human
Capital
Entrepreneurial

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT a type of economy?

market
command
mixed
distributive

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most common type of economy?

market
command
mixed
socialist

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A teacher is a natural resource?

True
False

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