
EPF - Chapter 1 - Economy
Authored by Kamala Mukerji
History
9th Grade
Used 7+ times

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60 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many types of economies are there?
1
2
3
4
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Natural Resources can be divided into the following. Choose two answers.
renewable resources
factors of production
non-reneable resources
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the Factors of Production? Choose all that apply.
Land
Labor
Capital goods
Entrepreneurship
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What forces individuals, businesses, and countries to ask the 3 economic questions?
wants
needs
scarcity
abundance of resources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are the reasons why it is impossible to produce everything everyone wants, but NOT _____.
not enough time
not enought resources
not enough money
not enough consumers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can we determine what type of economic system?
by who answers the basic economic questions
by the actions of the government
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are the 3 basic economic questions but NOT, _____.
What to Produce?
Why to Produce?
How to Produce?
For Whom to Produce?
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