STATISTICS FOR ECONOMICS

STATISTICS FOR ECONOMICS

11th - 12th Grade

14 Qs

quiz-placeholder

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STATISTICS FOR ECONOMICS

STATISTICS FOR ECONOMICS

Assessment

Quiz

Social Studies

11th - 12th Grade

Medium

Created by

Sonika Parmar

Used 142+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Mother teaching her child is a ___________ activity, while a teacher teaching the students is an _____________ activity.

non-economics, economic

economic, non economic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________________ definition of economics has been given by lionel robbins.

scarcity

wealth

welfare

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___________- is an economic activity which deals with use of goods and services for satisfaction of human wants.

consumption

production

distribution

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

____________ activities are undertaken to earn a living.

economic

non- economic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________- is a person who by goods and services for the the satisfaction of his wants.

producers

consumers

service providers

service holders

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________________- is a person who works for some other person and gets paid for it.

employee

employer

consumer

producer

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

economic problem arises due to:

unlimited wants

scarcity of resources

alternative uses of resources.

all of the above.

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