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Unit 1 - Intro to Business

Authored by Mrigaya Singh

Business

10th Grade

Used 36+ times

Unit 1 - Intro to Business
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are things which are required in order to survive.

Wants

Needs

Needs and Wants

None

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These items add comfort and pleasure in anyone's life.

Needs

Wants

Needs and Wants

None

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples: Food, Water, Shelter, Clothing

Needs

Wants

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples: Latest cell phone, Video games, Branded clothes

Needs

Wants

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic Resources are also known as ____________.

Types of resources

Factors of Production

Water and Food

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are the things available to be used to produce goods and services.

Economic Resources

Factors of Production

Both

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Types of Economic Resources

Human

Natural

Capital

All the three

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