Basics of Economics Review
Authored by Jennifer Nelson
Social Studies
9th - 12th Grade
CCSS covered
Used 16+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Land includes...
The "gifts of nature" or natural resources not created by human effort.
the tools, equipment, and factories used in production of goods and services
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capital refers to...
The "gifts of nature" or natural resources not created by human effort.
people with all their efforts and abilities
the tools, equipment, and factories used in production of goods and services
individuals who start a new business or bring a product to market.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Labor refers to...
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
the tools, equipment, and factories used in production of goods and services.
The "gifts of nature" or natural resources not created by human effort.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs are...
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
The "gifts of nature" or natural resources not created by human effort.
the tools, equipment, and factories used in production of goods and services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A herd of cattle is an example of ...
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Forests are examples of...
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bulldozer is an example of...
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