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Scarcity

Authored by David Briscoe

Social Studies

9th - 10th Grade

CCSS covered

Scarcity
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you have to make a choice, this is the best of the options that you DIDN'T pick. It's what you had to give up in order to go with the choice that you made.

Trade

Specialization

Interdependence

Opportunity Cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Not being able to have all of the goods and/or services that you want because people have endless wants, but goods and services aren't endless. So people are forced to make choices.

Scarcity

Trade

Standard of Living

Human Resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something we desire but that is not necessary for survival

Want

Need

Good

Service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something essential for survival

Want

Need

Good

Service

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Physical objects that someone produces

Want

Need

Good

Service

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An action or activity that one person performs for another

Want

Need

Good

Service

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

SELECT ALL THAT APPLY: Which one of these is an example of a scarce resource?

Time

Money

Food

Oil

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