Social Studies
7th - 12th Grade
Used 15+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is scarcity?
How scary something is
How long it takes to make something
How limited a resource is
How many people can buy a resource
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why is scarcity important?
It helps us create more resources
It determines a resources value
It tells us how many people own a resource
It lets people buy stocks
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If a resource becomes MORE SCARCE, then the value of that resource goes ___.
up
down
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If a resource becomes LESS SCARCE, then the value of that resource goes ___.
up
down
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Scarcity exists because people have unlimited wants/needs and limited ____.
decisions
economics
choices
resources
6.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
What are the TWO fundamental resources for individuals
money
gas
time
energy
water
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Since people have scarce time and money, we have to make economic _____ on how we use these resources.
choices
prices
values
scarcity
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?
