PBMF Chapter 1 Review
Authored by Greg Batiste
Business
9th - 12th Grade
Used 61+ times
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39 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Your needs and wants are unlimited
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Things that are required in order to live are wants
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Examples of this include name-brand jeans, latest smartphone upgrade and a luxury sports car
needs
services
goods
wants
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Things that you can see and touch
needs
services
goods
wants
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Activities provided for the satisfaction of others that are consumed at the same time they are produced and are intangible
needs
services
goods
wants
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Farmers, factory workers, salespeople, truck drivers and engineers are all known as what kind of resource?
Natural resources
Economic Resources
Capital resources
Human resources
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
This resource would include oil, coal, minerals, rivers, and air
Natural resources
Economic Resources
Capital resources
Human resources
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