
Econ 1.1 Quiz
Authored by John Foster
Social Studies
11th Grade
Used 1+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An action or activity done for others for a fee
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any human effort exerted in the production process
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that people use to make what they need or want
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of technical knowledge to create new products or make existing products more efficiently
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who attempts to start a new business or introduce a new product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of the choices people make to satisfy their needs and wants is called
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The people who decide to buy things are called
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