Unit 1 Review
Authored by Coach Garcia
Social Studies
12th Grade
Used 4+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Science of Scarcity is known as...
Choices
Economics
Pros v. Cons
Government
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Scarcity?
Lack of Resources
Lack of Options
Lack of Choices
Lack of Effort
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Positive Statements are...
Based on Facts
Based on Opinions
Based on History
Based on Preference
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normative Statements are...
Based on Value Judgements
Based on Facts
Based on Theories
Based on Effort
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these is a Factor of Production?
Land
Labor
Capital
Entrepreneurship
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explicit Costs are...
Out of Pocket
Opportunities Given Up
Out of Mind
Out of Sight
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Implicit Costs are...
Out of Pocket
Opportunities Given Up
Out of Mind
Out of Sight
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