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25 Qs

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Assessment

Quiz

Social Studies

Practice Problem

Medium

Created by

Jarrod Milloy

Used 2+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A person who buys goods and services

consumer

entrepreneur

resource

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The making, buying and selling of goods and services

economics
inflation
barter

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Something we pay for that we can touch

goods
services

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a need?

Nothing

Something that is required for survival

Something you would like to have
Ice cream

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a want?

A person
Something you would like to have but don't need to live
Purple
Something you need to live

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which of the following is not a service?

Dry Cleaner
Car Wash
Clothes
Babysitter

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

________ is the most basic economic problem.

Scarcity
Greed
Capital

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