Search Header Logo

Unit 7 Economics

Authored by Stephen Battise

Social Studies

9th - 10th Grade

Used 2+ times

Unit 7 Economics
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

54 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business Owner, someone who assumes the risks of a Business

Capital

Labor

Entrepreneur

Free Enterprise

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Materials used by humans such as water, forests, animals, fuel, etc.

Labor

Wants

Needs

Natural Resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of making, buying, and selling goods and/or services

Capitalism

Economics

Free Enterprise

Monopoly

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a company controls all the production of a good or service. - No competition

Scarcity

Profit

Monopoly

Entrepreneur

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When buyers will demand more products when they can by them at lower prices and fewer products when they must buy them at a higher price.

Law of Supply

Economics

Law of Demand

Scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money invested in a business; property and equipment used to produce a good or service

Labor

Needs

Profit

Capital

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The income a business has left after paying its expenses

Capital

Labor

Profit

Capitalism

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?