Economics Assessment

Economics Assessment

9th - 12th Grade

100 Qs

quiz-placeholder

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Economics Assessment

Economics Assessment

Assessment

Quiz

Other

9th - 12th Grade

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Created by

AWODIJAMES JLLA

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100 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What are the resources called that are needed to produce a good or service?

Goods and services.

Needs and wants.

Factors of production.

All of the above.

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is labor?

Hard Work

People who only do the physical work.

People who do the work to produce something.

None of the above.

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What could be an example of capital?

Buildings

Machines

Money

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is entrepreneurship?

Shipping of products and services.

Starting or improving a business.

Improving needs and wants.

All of the above.

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Which one of the four factors of production does the image show?

Entrepreneur

Capital

Natural Resources

Labor

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Which one of the four factors of production does the picture show?

Natural Resources

Labor

Capital

Entrepreneur

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Which one of the four factors of production does the picture show?

Labor

Natural Resources

Capital

Entrepreneur

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