What is Economics? Sec.1 & 2
12th Grade
•20 Qs
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What is Economics? Sec.1 & 2
Quiz
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Social Studies
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12th Grade
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Practice Problem
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Medium
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20 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
__________are actions/activities that are performed for a fee, lawyers, teachers & taxicab drivers
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This combination of limited resources & unlimited wants results in a condition known as_________
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Microeconomics is the study of_______________
Large corporations
Households
Individuals Consumers
All
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of developing a new combination of the other factors of production is called__________
Productivity
Technology
Entrepreneurship
Allocation
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The study of the choices that people make to satisfy their needs/wants is called_________________
6.
OPEN ENDED QUESTION
1 min • Ungraded
Explain How can we improve productivity?
Evaluate responses using AI:
OFF
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Macroeconomics is the Study of individuals, businesses & the choices made by them, also the effects of these choices on market & the government
True
False
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