Economics quiz

The father of economics.

Economics derived from the Greek word, ......

meaning....

Adam Smith's idea about economics was written in the book called...

Important concepts in economic history by way of exchanging goods:

Types of needs based on intensity level:

Conditions in which humans have limited economic resources to meet infinite needs

One way to overcome economic problems in conditions where the means of satisfying needs are limited, while human needs are infinite

The main economics problem

What is sacrificed to get something.

What have you learnt this far: