Scarcity

Scarcity

12th Grade

15 Qs

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Scarcity

Scarcity

Assessment

Passage

Social Studies

12th Grade

Practice Problem

Medium

Created by

MARISSA DECKER

Used 20+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the central idea in all of economics?

Sustainability

Equality

Scarcity

Abundance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does scarcity mean in the field of economics?

Equal distribution of resources

Limited resources

Abundance of resources

Sustainable resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does scarcity mean in everyday life?

Equal access to resources

Sustainable consumption of resources

Abundance of goods and services

Limited availability of resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are scarce resources?

Resources with unlimited availability

Resources with limited availability

Resources with sustainable consumption

Resources with equal distribution

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the opposite of scarce resources?

Limited resources

Sustainable resources

Equal resources

Abundant resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is caviar a scarce resource?

No, it is equal

Yes, it is sustainable

No, it is abundant

Yes, it is scarce

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is labor a scarce resource?

No, it is abundant

No, it is equal

Yes, it is sustainable

Yes, it is scarce

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