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Economics

Authored by Ashley Prince

Other

8th Grade

Used 3+ times

Economics
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which answer means limited amount of resources?

Opportunity

Scarcity

Demand

Productivity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of Economy does the USA have?

Market Economy

Traditional Economy

Command Economy

Mixed Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Combining human, natural, and capital resources to make goods is known as __________.

Production

Resourcing

Consumption

Demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which type of economy does the government own and control much of the property and resources?

Market Economy

Traditional Economy

Command Economy

Mixed Economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the factors of production that are used in the

production of goods and services

Human Resources

Resources

Natural Resources

Capital Resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

are the people required to do make goods or provide services

Human Resources

Resources

Natural Resources

Capital Resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

are things found in nature that are needed to provide goods or services

Human Resources

Resources

Natural Resources

Capital Resources

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