
Econ Systems
Quiz
•
Social Studies
•
10th Grade
•
Hard
Michael Prettyman
Used 4+ times
FREE Resource
Enhance your content in a minute
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of ECONOMICS?
the study of how the brain works and causes human behavior
the study of how government functions and ways that citizens can participate
the study of how people make choices to satisfy their wants and needs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic factor means that there is NOT ENOUGH of a product available for a buyer?
capital
scarcity
labor
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jim realized that to attend a college that costs $30,000, he would have to sacrifice a lot of time that he spends with his girlfriend in order to get A's and B's. What is Jim's OPPORTUNITY COST?
Getting A's and B's
his future job
time with his girlfriend
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A costomer wants to buy a new Tesla. Although the car will be more expensive, it will be more reliable and faster than a less expensive car. Which term describes this economic choice?
supply
scarcity
trade-off
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a market economy, who decides how resources are used and given out?
the government
consumers and producers
tradition
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which best describes the concept of scarcity?
limited wants and limited resources
unlimited wants and unlimited resources
limited wants and unlimited resources
unlimited wants but limited resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the NATURAL RESOURCES used to make goods and services called?
LAND
Human Capital
LABOR
Physical Capital
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
pretes pengantar sosiologi
Quiz
•
10th Grade
15 questions
Autonomic and Peripheral Nervous System
Quiz
•
9th - 12th Grade
15 questions
CIVICS POWER SHARING
Quiz
•
10th Grade
18 questions
PHS Unit 1 Content Quiz Review
Quiz
•
10th Grade
12 questions
Strategies for success Chapters 3-4
Quiz
•
9th - 12th Grade
12 questions
Treaty of Waitangi
Quiz
•
3rd - 10th Grade
15 questions
MODOS DE PRODUCCIÓN
Quiz
•
10th Grade
20 questions
Bizz Quiz
Quiz
•
4th - 10th Grade
Popular Resources on Wayground
5 questions
This is not a...winter edition (Drawing game)
Quiz
•
1st - 5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
20 questions
Christmas Trivia
Quiz
•
6th - 8th Grade
18 questions
Kids Christmas Trivia
Quiz
•
KG - 5th Grade
11 questions
How well do you know your Christmas Characters?
Lesson
•
3rd Grade
14 questions
Christmas Trivia
Quiz
•
5th Grade
20 questions
How the Grinch Stole Christmas
Quiz
•
5th Grade
Discover more resources for Social Studies
53 questions
Fall Semester Review (25-26)
Quiz
•
10th Grade
21 questions
WH/WGI Common Assessment #9 Review Quiz
Quiz
•
9th - 12th Grade
25 questions
Christmas Movies!
Quiz
•
5th Grade - University
60 questions
Logos and Slogan Quiz
Quiz
•
10th Grade - University
10 questions
Exploring the History and Traditions of Christmas
Interactive video
•
6th - 10th Grade
46 questions
Final Exam Review
Quiz
•
9th - 12th Grade
