
Basic Economics!
Quiz
•
8th Grade
•
Medium
Abbey Plein
Used 4+ times
FREE Resource
Enhance your content in a minute
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is scarcity?
Name of a horror movie
Inability to satisfy all wants at the same time
Amount you make when you sell something
Running out of your supply because of high demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The things that are produced in an economy depend on...
Luck and Weather
Consumer Preferences and Resources Available
Price and Competition
Services Provided and Profit Made
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____________ is the using of goods and services.
Price
Effort
Consumption
Supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Three Basic Economic Questions are....
What's for dinner? What's for breakfast? What's for lunch?
Who's buying? Who's selling? How much does it cost?
What to produce? How to produce it? For Whom to produce it?
When does class end? Will I get a good grade? When will I be rich?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of economy where there is little or no government involvement and there is lots of choice...
Free Market Economy
Command Economy
Traditional Economy
Mixed Economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Johnny decides to go to the movies instead of going to practice. What is his opportunity cost?
Going to Practice
Going to the Movies
The price of the ticket
Getting new basketball shoes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of economy where the government decides what is made, how it's made, and no choice exists.
Free Market Economy
Command Economy
Traditional Economy
Mixed Economy
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
13 questions
Confederation Review
Quiz
•
8th Grade
13 questions
Subject Pronoun V.S. Object Pronoun
Quiz
•
7th - 9th Grade
15 questions
ÔN TẬP HKII-02
Quiz
•
8th Grade
20 questions
Past simple and past continuous
Quiz
•
7th - 12th Grade
14 questions
General knowledge
Quiz
•
2nd - 12th Grade
20 questions
Wielki Post
Quiz
•
5th - 8th Grade
20 questions
States of matter
Quiz
•
KG - 8th Grade
15 questions
Kendriya Vidyalaya Sports Quiz Class VI -VIII
Quiz
•
6th - 8th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for
5 questions
Legends, Leaders, & Changemakers: Maya Angelou
Interactive video
•
6th - 8th Grade
10 questions
Understanding Poetry and Literary Devices
Interactive video
•
4th - 8th Grade
15 questions
Product of Powers Property A1 U7
Quiz
•
8th Grade
10 questions
Understanding Meiosis
Interactive video
•
6th - 10th Grade
20 questions
Laws of Exponents
Quiz
•
8th Grade
16 questions
8th U5L5 Graphs of Functions
Quiz
•
8th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
15 questions
Main Idea and Supporting Details.
Quiz
•
4th - 11th Grade
