Economics Revision

Economics Revision

1st Grade

25 Qs

quiz-placeholder

Similar activities

Quiz Wawasan Sosial dan Budaya

Quiz Wawasan Sosial dan Budaya

1st Grade

20 Qs

Hiểu Công việc - Khách hàng - Thị Trường để thành công

Hiểu Công việc - Khách hàng - Thị Trường để thành công

1st Grade - Professional Development

20 Qs

Comunicación

Comunicación

1st Grade

22 Qs

Business Plan

Business Plan

1st - 3rd Grade

20 Qs

Đại học Sydney - Quiz

Đại học Sydney - Quiz

KG - Professional Development

20 Qs

Sociedades anónimas

Sociedades anónimas

1st - 12th Grade

20 Qs

GESTIÓN ADMINISTRATIVA Y FINANCIERA DE UNA EMPRESA

GESTIÓN ADMINISTRATIVA Y FINANCIERA DE UNA EMPRESA

1st - 2nd Grade

20 Qs

QUIZ 1 BUSS1610D

QUIZ 1 BUSS1610D

1st Grade

20 Qs

Economics Revision

Economics Revision

Assessment

Quiz

Business

1st Grade

Practice Problem

Medium

Created by

Colm Barcoe

Used 8+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics – the study of money  and societies make decisions about ways  to use scarce resources to fulfill wants and  needs.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Macroeconomics-The big picture

MicroeconomicsHow do individuals make  economic decisions

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

NEEDS – “stuff” we must have to survive,  generally:  food, shelter, clothing and a nintendo Switch

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WANTS –Fancy food, shelter, clothing, big  screen TVs, jewelry, conveniences

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are opportunity costs?

stuff” we would really like to  have

stuff” we must have to survive,  generally:  food, shelter, clothing

the loss of other alternatives when one alternative is chosen.

one  thing  over all the other  possibilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four factors of production

Land

Labour

Finance

Capital

Land

Labour

Capital

Entreprise

Land

Labour

Market Structure

Capital

Capital

Land

Labour

Resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resource refers to all the materials available in our environment which are technologically accessible, economically feasible and culturally sustainable and help us to satisfy our needs and wants.

True

False

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?