Intro to Economics

Intro to Economics

12th Grade

33 Qs

quiz-placeholder

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Intro to Economics

Intro to Economics

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Kimberly Zajaczkowski

Used 4+ times

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33 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the activities concerned with _____________ and _____________ are economic activities.

wealth and growth

scarce means and unlimited wants

welfare and scarcity

money and wealth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things purchased by consumers

goods

consumer

producer

supply

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Basic things humans need to survive

need

want

import

demand

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

services provided by people

human resource

import

scarcity

consumer

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

not having enough

scarcity

supply

human resouce

taxes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When something given up for something else is called?

Choice
Capitalism
Inflation
Opportunity Cost

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is the definition of economics?

The study of human behavior and attitudes
The study of past events and the impact they have had on people
The study of political and social interactions
The study of the production and distribution of goods and services

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