Quiz 3 /Unit 1 BE. Review, Adam Smith  08-30-2024

Quiz 3 /Unit 1 BE. Review, Adam Smith 08-30-2024

12th Grade

30 Qs

quiz-placeholder

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Quiz 3 /Unit 1 BE. Review, Adam Smith  08-30-2024

Quiz 3 /Unit 1 BE. Review, Adam Smith 08-30-2024

Assessment

Quiz

Social Studies

12th Grade

Easy

Created by

Alan Long

Used 1+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Why do we need to make decisions regarding how we use and allocate our resources?

Because resources are unlimited.

Because resources are free.

Because resources are limited.

Because resources are always available.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are goods?

Intangible items such as a haircut.

Tangible items such as Pop Tarts and automobiles.

Services such as mowing a lawn.

Intangible items such as a dentist visit.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are services?

Tangible items such as Pop Tarts.

Tangible items such as automobiles.

Intangible items such as a haircut and mowing a lawn.

Tangible items such as I Phones.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is an example of a shortage?

Unlimited supply of oranges.

Frost in Florida destroying the orange crop.

Unlimited supply of I Phones.

Unlimited supply of Pop Tarts.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are examples of natural resources?

Pop Tarts and automobiles.

Haircuts and dentist visits.

Lumber and oil.

I Phones and mowing a lawn.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are renewable resources?

Resources that cannot be replaced.

Resources that can be replenished.

Resources that are intangible.

Resources that are unlimited.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are nonrenewable resources?

Resources that can be replenished.

Resources that are unlimited.

Resources that cannot be replaced.

Resources that are intangible.

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