Intro to Economics

Intro to Economics

9th - 12th Grade

33 Qs

quiz-placeholder

Similar activities

ASAS EKONOMI KELAS X

ASAS EKONOMI KELAS X

10th Grade

35 Qs

Economics Final Assessment Review #1

Economics Final Assessment Review #1

10th Grade

30 Qs

International & EU Business Law Quiz

International & EU Business Law Quiz

12th Grade - University

28 Qs

UJI KOM IPS IX.1

UJI KOM IPS IX.1

9th Grade

30 Qs

XI IPS PAT

XI IPS PAT

10th Grade

35 Qs

9th Grade Topical Test C1

9th Grade Topical Test C1

9th Grade

33 Qs

QUIZ KLS 9A KONDISI ALAM NEGARA-NEGARA DI DUNIA

QUIZ KLS 9A KONDISI ALAM NEGARA-NEGARA DI DUNIA

9th Grade

35 Qs

PPKN KUIS BAB 4 KELAS XI MANTAP

PPKN KUIS BAB 4 KELAS XI MANTAP

11th Grade

32 Qs

Intro to Economics

Intro to Economics

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Brad Smallwood

Used 34+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

33 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is scarcity? 

Giving something up to have something else
Extra cost of production
The condition that results form having unlimited wants with limited resources
Rise in general level of prices and workers need more money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a natural resource?

Oil
Water
Car
Air

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Decisions in the economy are based on buyer/seller choices

Command
Market
Mixed
Traditional

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Combines public and private businesses 

Command
Market
Mixed
Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When all aspects of the economy are determine by a central figure

Command
Market
Mixed
Traditional

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when demand is bigger than supply?

Deflation
Surplus
Demand
Shortage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who buys goods and services

consumer
entrepreneur
resource
currency

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?