
Why Study Economics?
Other
2nd - 12th Grade
Used 3+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a resource?
Things that are produced
Anything that is used to make a good or service.
Work done for other people.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a need?
Things we would like to have.
Something that is necessary to have in order to remain alive.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is economics?
Study of how people, and countries make choices on buying, selling, using, and distributing things.
Study of how wealth is distributed to all people in a society.
Study of how money is distributed.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Other than people, who else makes economic decisions?
Countries and Companies
Schools
Organizations
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a want?
Something we need to remain alive.
Things that we would like to have.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a service?
Work done for other people.
Work done for myself, and my own benefit.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a type of good?
Things that are produced or manufactured.
A car or video game.
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