PRINBMF - Ch 1
Authored by Jorge Garza
Business
9th - 12th Grade
Used 12+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that a person desires but can survive without
Needs
Product
Good
Wants
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something a person must have in order to survive, such as food, clothing, and shelter
Needs
Product
Good
Wants
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The basic economic problem, develops when demand is higher than the available resources
Capital
Scarcity
Good
Business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All the tools, equipment, and machinery used to produce goods or provide services
Capital
Services
Good
Business
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Physical item that can be touched
Capital
Scarcity
Good
Business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An action or task that is performed
Services
Business
Good
Capital
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Raw materials found in nature
Human Resources
Capital Resources
Natural Resources
Good
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