1.1: Scarcity Vocabulary Quiz

1.1: Scarcity Vocabulary Quiz

Assessment

Quiz

Created by

Morgan Nance

Social Studies

12th Grade

2 plays

Easy

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13 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a situation in which there are not enough resources to satisfy human wants

scarcity

goods

services

consumer

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

objects that can be bought

scarcity

goods

services

consumer

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

paid work that one person does for others

scarcity

goods

services

consumer

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a person who buys goods or services

scarcity

goods

services

consumer

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a person who makes goods or provides services

consumer

producer

factors of production

goods

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the resources needed to produce goods and services

consumer

producer

factors of production

goods

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

desires that can be satisfied by consuming a good or a service

wants

needs

scarcity

economics

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