
Economics basics
Quiz
•
Social Studies
•
2nd Grade
•
Practice Problem
•
Hard
Hasmik Khartashyan
Used 5+ times
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12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A dentist provides
A good
A service
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which one is an example of a good?
a nurse
a firefighter
shoes
a teacher
3.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
Economics is a
Social science, as it is connected with politics and sociology
Natural science as it study the physical world
Social science, as it deals with human behaviour
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Scarcity
resources are infinite, and wants are finite
resources are limited, and wants are infinite
both resources and wants are finite
both resources and wants are unlimited
5.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Which field of economics studies the economy as a whole?
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which one is a factor of production?
Machinery
Economist
Rivers and forests
All answers are correct
7.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Identify the main types of capital
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