
Economics
Authored by ELE MOROZ
History
6th Grade
Used 16+ times

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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Economics?
The study of how people make decisions in a world where wants and needs are unlimited, but resources are limited.
The study of the development of human society.
The study of how people make decisions in a world where wants and needs are limited, but resources are unlimited.
The study of the physical features of the earth and its atmosphere.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the 4 economic systems?
Traditional, command, market, unlimited
Traditional, command, market, mixed
Old-fashioned, command, market, unlimited
Limited, command, market, unlimited
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following are NEEDS?
Food and water
Cell phones and iPads
Cars and planes
Video games
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following are WANTS?
Food
Entertainment and vacations
Shelter
Water
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system is centered around the family or tribe?
Command
Mixed
Market
Traditional
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system includes quotas?
Traditional
Command
Market
Mixed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system has little or no technology use?
Traditional
Command
Market
Mixed
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