
Economics Packet Quiz 1
Quiz
•
Social Studies
•
11th Grade
•
Easy

David Briscoe
Used 2+ times
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TRUE or FALSE: We can have everything that we want because we have unlimited resources.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which among the choices below creates an imbalance between resources and wants and needs?
Making responsible decisions
Doing things that you want to do
Consulting other people before doing something
Considering if something is really a need or just a want
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something we desire but that is not necessary for survival
Want
Need
Good
Service
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something essential for survival
Want
Need
Good
Service
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Physical objects that someone produces
Want
Need
Good
Service
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An action or activity that one person performs for another
Want
Need
Good
Service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The fact that there are limited amounts of goods and services to meet unlimited wants is called:
Scarcity
Shortage
Surplus
Economics
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