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CE 11 Vocab Review

Authored by Abbey Baldwin

Social Studies

7th - 8th Grade

Used 10+ times

CE 11 Vocab Review
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The inability to satisfy all wants because resources are limited

scarcity

Choice

demand

supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Natural , human, capital, and entrepreneurship are examples of these

scarcity

supply

resources

incentive

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of what is given up when a choice is made

Incentive

Opportunity Cost

Supply

Demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of goods or services consumers want to buy

Production

Demand

Price

Resources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of goods or services producers have to sell

Supply

Consumption

Choice

Scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The interaction between supply and demand

Incentive

Price

Supply

Demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Selecting an item from a set of possible alternatives

Opportunity Cost

Production

Choice

Natural Resources

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