A useful material found in the environment
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Economics Review
Quiz
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Social Studies
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4th - 7th Grade
•
Medium
Emily Coroneos
Used 135+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Natural Resource
Scarcity
Renewable Resource
Economics
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A resource that Earth or people can replace is
Economics
Renewable Resource
Nonrenewable Resource
Scarcity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A resource that can't be replaced in a short period of time
Scarcity
Renewable Resource
Nonrenewable Resource
Economics
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The desire for a certain good or service
Supply
Demand
Economics
Renewable Resource
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of a good or service available
Economics
Natural Resource
Demand
Supply
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This occurs when the supply is low and the demand is high
Natural Resource
Scarcity
Economics
Demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the demand is low, the price will be
High
Low
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