Intro to Bus Ch 2 Economic Resources & Systems
Authored by Vicki Droddy
Business
9th - 12th Grade
32 Questions
Used 9+ times
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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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