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Understanding Economics

Authored by Thurman Saenz

Social Studies, History

Used 4+ times

Understanding Economics
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is a natural resource?

land

hammer

saw

magazine

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does innovation mean?

a place to look at plants

money that was made

a new idea or a new way of doing something

a person who starts a business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an entrepreneur?

A person who lives in a new place.

A type of land.

A person who starts a business to make life easier for others.

A type of story.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur has_______

innovation

a story

opportunity

all of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a synonym for labor?

families

economy

work

money

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a good?

A task done for someone else

An item that people can buy, sell, or trade

A type of service

A need

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a service?

A physical item that can be touched

A task done for someone else

A type of good

A need

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