Basic economic problem
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Economic
Quiz
•
Social Studies
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12th Grade
•
Easy
JC Pitt
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43 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economy
Demand
scarcity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Desires that can be satisfied by consuming g/s
Want
Needs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that are necessary to survive
Needs
Wants
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wants are unlimited/ resources are unlimited
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This exist when there isn’t enough resources
Elastic
pollution
scarcity
variable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity affects everyone
True
False
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Macro Econ questions
What will be produced
How it’s produced
Where it’s produced
Whom it’s produced by
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