Chapter 3 Section 1 & 2 Review Quiz
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Chapter 3 Section 1 & 2 Review Quiz
Quiz
•
Social Studies
•
6th Grade
•
Medium
Asia Speight
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The situation when people and societies try to satisfy unlimited wants with limited resources.
Demand
Lottery
Scarcity
Choices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A choice to have less of one thing to get more of something else.
Firstcome/FirstServed
Price
Trade-off
Supply
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An option
Trade-off
Supply
Demand
Choices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A random, luck-driven choice
Contest
Lottery
Opportunity Cost
Demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The way things are distributed
Authority
Lottery
Resource Allocation
Price
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Allowing a resource to a person based on particular traits
Sharing
Vote
Personal Characteristics
Demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The value of the next best alternative a person does not choose.
Sharing
Opportunity Cost
Force
Authority
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