Economics - Scarcity
Authored by Jacob Dawson
Social Studies
10th - 12th Grade
Used 102+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of how people choose to use scarce resources to satisfy their wants.
Needs assessment
Capitalism
Economics
Socialism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______ exists when there is not enough resources to satisfy human wants
Scarcity
Communism
Social Darwinism
Population control
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Desires that can be satisfied by consuming a good or service.
needs
wants
satisfaction
respect
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things, such as food, clothing or shelter, that are necessary for survival..
needs
wants
satisfaction
respect
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not one of the 3 main economic questions?
What will be produced?
Where will it be produced?
How will it be produced?
For whom will it produced?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Benefits offered to encourage people to act in certain ways.
incentives
utility
economize
inspiration
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Benefit gained from using a good or service
incentives
utility
economize
inspiration
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