
Econ: Scavenger Hunt Review
Authored by Brad Poock
Social Studies
12th Grade
Used 10+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is affected by the condition of scarcity?
The rich
Large economies
All societies
Producers (ie: businesses)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do all societies have to make decisions about how resources will be used?
People are greedy
There are not enough resources for those who want them
Resources are too expensive for most people
Because there is a huge gap between the rich and poor
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Trade-off is
a purchase in a marketplace.
an alternative that we sacrifice when we make a decision.
any good or service a consumer needs.
a factor of production.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the fundamental problem in Economics?
scarcity
production
underutilization
statistics
5.
DRAG AND DROP QUESTION
30 sec • 1 pt
Scarcity arises because human (a) are limitless, while resources are (b) .
6.
DRAG AND DROP QUESTION
30 sec • 1 pt
Scarcity affects how the four (a) are put to use.
7.
DRAG AND DROP QUESTION
30 sec • 1 pt
Since people cannot have everything they want, they have to make (a) , which involves a (b) (something you have to give up to get what you want).
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