Careers 13.1

Careers 13.1

7th - 8th Grade

28 Qs

quiz-placeholder

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Careers 13.1

Careers 13.1

Assessment

Quiz

7th - 8th Grade

Hard

Created by

Dorothy Sparks

Used 1+ times

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28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of how people produce, distribute, and use goods and services is

capitalism

socialism

economics

regulation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money left after the business pays its expenses is called

economics

a profit

regulations

supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of goods and services that consumers want to buy

supply

demand

profit

competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who buy and use goods and services

socialists

users

producers

consumers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Activities people do for a fee are called

goods

services

items

businesses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country's way of making choices about how to use its resources to produce and distribute goods and services is called

economic system

free enterprise

command economy

socialist economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individuals or companies that make or provide goods and services is called

consumers

capitalists

economics

producers

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