Which of the following is an example of a natural resource?

Economics 4th Grade

Quiz
•
Social Studies
•
4th Grade
•
Medium
Reece Tiffany
Used 36+ times
FREE Resource
26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
factories
doctors
water
money
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an example of capital resources
oil
factories
doctors
water
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an example of human resources?
money
factories
water
doctors
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Within a market economy, consumers do which of the following?
set their own tax rates
shop around for the best value
shop exclusively at specialty markets
spend their money only in the United States
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the three characteristics of a market economy?
competition, business, and buyers
specialization, sellers, and supply
consumer sovereignty, competition, and private property rights
incentives, producers, and profit
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When a business makes more money than it takes to run the business, what is the extra
money called?
producers
tax
profit
incentives
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is it called when more than one business sells the same goods or services?
competition
demand
resources
income
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