Remediation: Unit 1 LT 2

Remediation: Unit 1 LT 2

12th Grade

10 Qs

quiz-placeholder

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Remediation: Unit 1 LT 2

Remediation: Unit 1 LT 2

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Easy

Created by

Lori King

Used 13+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do capital investments lead to economic growth?

By increasing government spending

By improving the quality of goods and services

By providing funds for businesses to save

By increasing the productivity of an economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of capital investment?

Spending on education

Buying stocks and bonds

Purchasing new machines for a factory

Saving money in a bank account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does specialization contribute to economic growth?

By making production more expensive

By increasing the diversity of jobs

By allowing workers to become more efficient in their tasks

By requiring more general knowledge from workers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of specialization in an economy?

Increased dependency on other countries

Higher levels of production

Reduced need for trade

More uniform skill sets among workers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the relationship between capital investments and productivity?

Capital investments decrease productivity due to higher costs

There is no relationship between capital investments and productivity

Capital investments can lead to higher productivity by updating technology and equipment

Capital investments only affect the service sector's productivity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of capital investment?

Building a new factory

Training employees

Marketing campaigns

Research and development

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of specialization in an economy?

To ensure that all workers have the same skills

To increase the variety of products available

To make production processes more efficient

To encourage workers to change jobs frequently

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