What is Economics? Sec.1 & 2

What is Economics? Sec.1 & 2

12th Grade

20 Qs

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What is Economics? Sec.1 & 2

What is Economics? Sec.1 & 2

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

youmna tohamy

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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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