Pre/Post Economic Test
Quiz
•
Social Studies
•
10th Grade
•
Practice Problem
•
Easy
Bernard Harris
Used 54+ times
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21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Mr Harris hates this Phone Company
Android
Black Berry
Apple
Pixel
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Economics may be best defined as
Study of efforts to satisfy seemingly unlimited wants with scarce resources
Branch of Sociology
Scientific study of supply and demand
Limited description of economic activities
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
To arrive at an economic decision, a decision-making grid may be used to evaluate (Cost Benefit Analysis)
Productivity
Only Capital Goods
Alternative choices of action
Only durable goods
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
For a consumer, the most important reason for a purchase is
Color
Utility
Duurability
Entertainment value
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Land, labor, capital and entrepreneurship are the
Basis of employment
Factors of production
Results of Supply & Demand
Results of production
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A risk taker in search of profits is called
Capitalist
Conspicuous Consumer
An entrepreneur
An Economist
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The American Economic system can be described as having a
Quota System
Market Economy
Command Economy
Traditional System
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