Basic problems in economics

Basic problems in economics

7th Grade

10 Qs

quiz-placeholder

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Basic problems in economics

Basic problems in economics

Assessment

Quiz

Social Studies

7th Grade

Practice Problem

Hard

Created by

Jirarat Chomphoo

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

1. Which of the following is classified as a production component?

land, producer, labor, location

money, place, machine, manufacturer

land, money, location, operator

land, labor, capital, entrepreneurs

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

2. Which is a basic economic problem?

What, When, Where

What, Why, How

What, How, For whom

What, When, How

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

3. Which is not a fundamental problem in economics?

What

How

Who

For whom

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

4. What is the first basic economic problem in the economic life of people in every society?

 When was it produced?

  

How is it produced?

What do you produce?

How many are produced?

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

5. What is the target group for producing products?

When was it produced?

 

How is it produced?

What do you produce?

Who is it produced for?

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

6. What are the steps in production?

When was it produced?

 

How is it produced?

What do you produce?

Who is it produced for?

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

7. What must be considered when consuming products?

   benefit

requiremen

produce

process

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