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Basics of Economics/ Four Factors of Production
Authored by TINO DIAZ
Social Studies
12th Grade
Used 13+ times
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15 questions
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1.
DRAG AND DROP QUESTION
2 mins • 1 pt
Societies use (a) to make (b) and provide (c) to satisfy our (d) and (e)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are GOODS?
products that are manufactured or man-made
work done for other people
things we need to survive
things we do not need to survive, but wish to have
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are SERVICES?
products that are manufactured or man-made
work done for other people
things we need to survive
things we do not need to survive, but wish to have
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are NEEDS?
products that are manufactured or man-made
work done for other people
things we need to survive
things we do not need, but wish to have
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT one of the basic economic questions?
What to produce?
For whom to produce?
How to produce it?
Why produce?
6.
DROPDOWN QUESTION
1 min • 1 pt
People's (a) are (b)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the GREATEST problem in economics?
scarcity
needs
wants
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