Week 4 Free Market Economy

Week 4 Free Market Economy

9th - 12th Grade

14 Qs

quiz-placeholder

Similar activities

Money And Credit

Money And Credit

10th Grade

11 Qs

Market Equilibrium NCEA Level 1 Revision

Market Equilibrium NCEA Level 1 Revision

11th Grade

10 Qs

WW S.S. 20-1: Quiz 1

WW S.S. 20-1: Quiz 1

11th Grade

10 Qs

Mita Dwi

Mita Dwi

10th Grade

15 Qs

INDIA: climate, vegetation and wildlife

INDIA: climate, vegetation and wildlife

6th - 10th Grade

10 Qs

6th Form General Knowledge

6th Form General Knowledge

12th Grade

18 Qs

Industrial revolution

Industrial revolution

7th - 9th Grade

10 Qs

Social Studies M.3

Social Studies M.3

9th Grade

10 Qs

Week 4 Free Market Economy

Week 4 Free Market Economy

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Jeremy Cahow

Used 598+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic freedom can include the ability to chose what to buy and the ability to work at the profession of your choice.

True

false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market is the concentration of the productive efforts of individuals on a limited number of activities.

false

True

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A trade off is the act of giving up one benefit in order to gain another great benefit.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trade offs only involve things that can be measured such as time and money.

true

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The least desirable alternative somebody gives up as a result of a decision is the opportunity cost.

true

false

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A market is any arrangement that allows buyers and sellers to exchange things.

true

false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Specialization is the concentration of the productive efforts of businesses and individuals on a limited number of activities.

true

false

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?