Economic Resources

Economic Resources

9th Grade

12 Qs

quiz-placeholder

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Economic Resources

Economic Resources

Assessment

Quiz

Business

9th Grade

Practice Problem

Easy

Created by

Asma Nadeem

Used 8+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic Resources are ________

Wood, Electricity, Water, Money

Land, Labour, Capital and Organization

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

There are two main ways of utilizing the economic resources of the country

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Ownership means_________

Capitalism

Socialism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public Ownership means_________

Capitalism

Socialism

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________________ is the money or wealth needed to produce goods and services in the business

Labour

Capital

Land

Organization

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic Resources are Productive, used in production.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic Resources are also Called ________________

Wealth

Unlimited Resources

Factor of production

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