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Unit 1 - Fundamentals of Economics (Review)

Authored by Esteban Zamora

Social Studies

12th Grade

Used 2+ times

Unit 1 - Fundamentals of Economics (Review)
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Need

Something necessary for
survival

Desires that be satisfied by
consuming a good, service, or
leisure activity.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Want

Something necessary for
survival

Desires that be satisfied by
consuming a good, service, or
leisure activity.

3.

CATEGORIZE QUESTION

3 mins • 1 pt

Organize these options into the right categories

Groups:

(a) Need

,

(b) Want

Xbox

Media Image
Media Image

Water

Phone

Food

4.

DRAG AND DROP QUESTION

1 min • 1 pt

Goods are ​ (a)   products that ​ (b)   peoples wants or needs.

physical
actions
satisfy
serviced

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Services

Actions or activities performed for a fee that is satisfy peoples needs or wants

Physical products that satisfy people's wants or needs.

6.

DROPDOWN QUESTION

1 min • 1 pt

Scarcity is the (a)   availability of resources relative to unlimited wants.​

limited
maximum

7.

CATEGORIZE QUESTION

3 mins • 1 pt

Organize these options into the right categories

Groups:

(a) Land

,

(b) Labor

,

(c) Capital

Teacher

Robot
Factory

Mechanic

Hammer

Computer

cow

Engineer

Machine

mountain

river

Media Image

Artist

Farmer

lake

Media Image
Media Image

forest

field

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