Intro to Bus Ch 2 Economic Resources & Systems

Intro to Bus Ch 2 Economic Resources & Systems

9th - 12th Grade

32 Qs

quiz-placeholder

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Intro to Bus Ch 2 Economic Resources & Systems

Intro to Bus Ch 2 Economic Resources & Systems

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

Vicki Droddy

Used 9+ times

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32 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

The raw materials found in nature.

Capital Resources

Human Resources

Natural Resources

Entrepreneurial Resources

2.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Buildings, material, and equipment used to produce goods and services.

Capital Resources

Human Resources

Natural Resources

Entrepreneurial Resources

3.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Required to meet the wants and needs of people.

Capital Resources

Human Resources

Natural Resources

Entrepreneurial Resources

4.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

The knowledge, efforts, and skills people bring to their work.

Capital Resources

Human Resources

Natural Resources

Entrepreneurial Resources

5.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Can be defined by the state taking care of the people’s needs while the 

   marketplace takes care of the people’s wants.

Market Economy

Command Economy

Mixed Economy

Economics

6.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Economic decisions are made in the marketplace according to the laws of supply and demand.

Market Economy

Command Economy

Mixed Economy

Economics

7.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

The study of how society chooses to use resources to produce and distribute goods and services for people’s consumption.

Market Economy

Command Economy

Mixed Economy

Economics

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