
Unit 1 Economics
Authored by Joseph Thublin
Social Studies
8th - 12th Grade
Used 1+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________study of how people (including companies/countries) make choices on buying, selling, using, and distributing goods/services.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government is the study of getting rich and the stock market.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ Things required to live such as food, shelter, clothing, air
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The two branches of economics are micro & macro.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______________ not having enough resources to satisfy all of the needs/wants
Scarcity
Opportunity Cost
Tradeoff
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between a shortage and scarcity?
A shortage is temporary but scarcity always exists
A shortage results from rising prices; scarcity results from falling prices
A shortage is lack of all goods and services; scarcity concerns a single item
There is no real difference between a shortage and scarcity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Individuals who come up with a new idea for a good or service, then they make it a reality
resource
human resources
consumer
entrepreneur
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
Mr. E Andrew Jackson
Quiz
•
8th Grade
12 questions
The Amish
Quiz
•
KG - University
12 questions
summercamp quiz-1 2nd may
Quiz
•
6th - 8th Grade
20 questions
9th Unit 1 Final Review
Quiz
•
9th Grade
20 questions
Year 8 Geography - Changing Nations - 1
Quiz
•
8th Grade
19 questions
The Fur Trade
Quiz
•
9th Grade
15 questions
akuntansik (akuntansi asik)
Quiz
•
12th Grade
15 questions
Social Control & Deviance (Ch. 7)
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
29 questions
Alg. 1 Section 5.1 Coordinate Plane
Quiz
•
9th Grade
22 questions
fractions
Quiz
•
3rd Grade
11 questions
FOREST Effective communication
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Social Studies
15 questions
Ce.9a-b Understanding Media and Its Role in Society
Quiz
•
8th Grade
11 questions
The Cuban Missile Crisis Extra History Part 1
Interactive video
•
6th - 8th Grade
7 questions
The Dust Bowl
Interactive video
•
6th - 8th Grade
17 questions
World War 2 (World History 25-26)
Quiz
•
9th Grade
24 questions
Post WWII + Civil Rights
Quiz
•
8th Grade
43 questions
8th Social Studies STAAR Released Questions - 2021
Quiz
•
8th Grade
21 questions
8th Grade STAAR Review US History
Quiz
•
8th Grade
9 questions
Behind the Cuban Revolution
Interactive video
•
6th - 8th Grade