is the study of how individuals, organisations and governments make choices about how to allocate limited resources
Intro to Economics and distributing resources
1st - 3rd Grade
•22 Qs
Similar activities
Sectors of Economy
3rd Grade
•18 Qs
Business Management SAC Revision
KG - 12th Grade
•22 Qs
businesss
1st Grade - Professional Development
•18 Qs
Circular Flow Model - In the context of McDonalds NZ
3rd - 5th Grade
•25 Qs
TOPIC 5: E-BUSINESS
1st Grade
•21 Qs
Principles of Business Management, International Trade and Money
1st - 3rd Grade
•20 Qs
Economics Revision
1st Grade
•25 Qs
Econ Chapter 5
KG - Professional Development
•18 Qs
Intro to Economics and distributing resources
Quiz
•
Business
•
1st - 3rd Grade
•
Hard
Conal Cuttle
Used 6+ times
FREE Resource
22 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Economics
The Economy
Economic system
Economic resources
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The cost of the option forgone
Opportunity cost
Financial cost
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The cost in money terms
Opportunity cost
Financial cost
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the basic economic problem?
our needs and wants are unlimited but resources are limited
our needs and wants are limited but resources are unlimited
our resources are unlimited but needs and wants are limited
our resources are limited but needs and wants are unlimited
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Tick the examples of needs
Latest phone
Holiday
Food
Housing
Clothes
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Tick the examples of wants
Latest phone
Holiday
Food
Housing
Clothes
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
The economic resources necessary to produce goods and services can be divided into four categories known as the Factors of Production:
Land
Labour
Capital
Enterprise
Interest
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports
Microsoft
Apple
Others
Similar Resources on Quizizz
20 questions
Principles of Business Management, International Trade and Money
Quiz
•
1st - 3rd Grade
21 questions
the legend of math
Quiz
•
1st - 5th Grade
20 questions
DIGITAL MARKETING
Quiz
•
1st - 3rd Grade
20 questions
Entrepreneurship 1 Standard 1.01-1.04
Quiz
•
KG - 12th Grade
20 questions
Intro to Economics
Quiz
•
1st - 5th Grade
22 questions
Business Management SAC Revision
Quiz
•
KG - 12th Grade
21 questions
MinieMoney Michaelmas Term Quiz
Quiz
•
1st - 5th Grade
20 questions
management accounting - Hansen Mowen
Quiz
•
1st Grade
Popular Resources on Quizizz
15 questions
Character Analysis
Quiz
•
4th Grade
17 questions
Chapter 12 - Doing the Right Thing
Quiz
•
9th - 12th Grade
10 questions
American Flag
Quiz
•
1st - 2nd Grade
20 questions
Reading Comprehension
Quiz
•
5th Grade
30 questions
Linear Inequalities
Quiz
•
9th - 12th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
18 questions
Full S.T.E.A.M. Ahead Summer Academy Pre-Test 24-25
Quiz
•
5th Grade
14 questions
Misplaced and Dangling Modifiers
Quiz
•
6th - 8th Grade
Discover more resources for Business
10 questions
American Flag
Quiz
•
1st - 2nd Grade
14 questions
IREAD-3 Practice Test
Quiz
•
3rd Grade
10 questions
Identifying equations
Quiz
•
KG - University
10 questions
Perimeter of Polygons!
Quiz
•
3rd Grade
10 questions
2nd Grade math review
Quiz
•
2nd Grade
20 questions
Math Review
Quiz
•
3rd Grade
18 questions
Traits
Quiz
•
3rd Grade
16 questions
Chapter 8 - Getting Along with your Supervisor
Quiz
•
3rd Grade - Professio...