Ch1. What is Economics

Ch1. What is Economics

Assessment

Assessment

Created by

Matt Burleson

Social Studies

10th - 12th Grade

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25 questions

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1.

MULTIPLE CHOICE

30 sec • 1 pt

something essential to survival

2.

MULTIPLE CHOICE

30 sec • 1 pt

something that people desire but that is not necessary for survival

3.

MULTIPLE CHOICE

30 sec • 1 pt

The physical object someone produces

4.

MULTIPLE CHOICE

30 sec • 1 pt

the action or activities that one person performs for another

5.

MULTIPLE CHOICE

30 sec • 1 pt

The principle that limited amounts of goods and services are available to meet unlimited wants

6.

MULTIPLE CHOICE

30 sec • 1 pt

The study of how people seek to satisfy their wants and needs by making choices.

7.

MULTIPLE CHOICE

30 sec • 1 pt

A person who decides how to combine resources to create goods and services

8.

MULTIPLE CHOICE

30 sec • 1 pt

The resources that are used to make goods and services

9.

MULTIPLE CHOICE

30 sec • 1 pt

All natural resources used to produce goods and services

10.

MULTIPLE CHOICE

30 sec • 1 pt

Effort people devote to tasks for which they are paid

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