1.1 Scarcity: The Basic Economic Problem
Authored by Myra Frazer
Social Studies
10th Grade
Used 43+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
all the resources made and used by people to produce and distribute goods and services
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
a person who buys goods and services
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The study of how people seek to satisfy their needs and wants by making choices
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
the combination of vision, skill, ingenuity, and willingness to take risks needed to create and run new businesses
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
the economic resources needed to produce goods and services
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
the physical objects that someone produces
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
all the human time, effort, and talent that go into the making of products
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