Introduction to Economics

Introduction to Economics

12th Grade

25 Qs

quiz-placeholder

Similar activities

ELECCIONES CIUDADANIA SUFRAGIO

ELECCIONES CIUDADANIA SUFRAGIO

12th Grade

20 Qs

HP RETROALIMENTACIÓN

HP RETROALIMENTACIÓN

1st - 12th Grade

20 Qs

Study Area 3 Practice Quiz 1

Study Area 3 Practice Quiz 1

12th Grade

20 Qs

400th Divas

400th Divas

KG - University

20 Qs

QUIZ_ECONOMICS CONCEPT & ECONOMIC PROBLEMS

QUIZ_ECONOMICS CONCEPT & ECONOMIC PROBLEMS

10th - 12th Grade

20 Qs

Constitution to Republic Review

Constitution to Republic Review

6th - 12th Grade

22 Qs

Quantitative Research

Quantitative Research

11th - 12th Grade

20 Qs

Unit 1B Vocabulary Quiz_AICE

Unit 1B Vocabulary Quiz_AICE

9th - 12th Grade

20 Qs

Introduction to Economics

Introduction to Economics

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Shawn Graybeal

Used 20+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

It is a social science that examines how people choose among the alternatives available to them.

Entrepreneurship

Economics

Scarcity

Shortage

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

It is the situation in which available resources, or factors of production, are finite, whereas wants are infinite

Shortage

Opportunity Cost

Scarcity

Choice

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

It is your second choice-what you give up when you make a decision.

Choice

Opportunity Cost

Scarcity

Shortage

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

The decisions which are made by firms, individuals, and or governments regarding which needs and wants to satisfy, and what types of products and services should be produced and bought.

Choices

Opportunity Cost

Scarcity

Shortage

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

The natural resources that people use: Forests, pasture land, minerals, water, etc. are products used in the production of goods and services, come from the earth.

Labor

Land

Capital

Entrepreneurship

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Goods made by people to be used specifically to produce goods and services: Tools, office equipment, roads, factories, etc.

Labor

Land

Entrepreneurship

Capital

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

The human ability to produce a good or service: Talents, skills, physical labor, etc. the work that goes into the production of a good or service.

Human resources or Labor

Land

Capital

Entrepreneurship

Create a free account and access millions of resources

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?