Economiics Vocabulary Terms Quiz

Economiics Vocabulary Terms Quiz

9th Grade

17 Qs

quiz-placeholder

Similar activities

การเเข่งขันตอบปัญหาอาเซียนระดับชั้น ม.ต้น

การเเข่งขันตอบปัญหาอาเซียนระดับชั้น ม.ต้น

KG - University

15 Qs

Indus Valley

Indus Valley

4th - 9th Grade

13 Qs

Lincoln's biography

Lincoln's biography

3rd Grade - University

14 Qs

The three branches of goverment

The three branches of goverment

KG - University

15 Qs

General knowledge quiz

General knowledge quiz

5th Grade - Professional Development

14 Qs

QUIS IPS 1 KLS 9

QUIS IPS 1 KLS 9

9th Grade

20 Qs

Ekonomiks Quiz 1

Ekonomiks Quiz 1

9th Grade

20 Qs

Weekly Quiz T1 W3 2022

Weekly Quiz T1 W3 2022

5th - 9th Grade

20 Qs

Economiics Vocabulary Terms Quiz

Economiics Vocabulary Terms Quiz

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Hard

Created by

Ashley Kirk

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe the maximum output that an economic system or economic entity can sustain over a period of time?

Demand

Capital

Capacity

Consumption

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for goods or raw materials that are used in the production of other goods and services?

Money

Commodity

Equity

Capital Gain

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term refers to the rivalry among sellers trying to achieve goals such as increasing profits, market share, and sales volume?

Scarcity

Competition

Monopoly

Capitalism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the amount of a product or service that consumers are willing and able to purchase at a given price?

Supply

Consumption

Demand

Capital

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term describes the exclusive possession or control of the supply or trade in a commodity or service?

Equity

Monopoly

Capitalism

Opportunity Cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the cost of the next best alternative use of money, time, or resources when one choice is made over another?

Scarcity

Price

Opportunity Cost

Consumption

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe the insufficiency of economic resources to satisfy all human wants and needs?

Capital

Scarcity

Money

Equity

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?