
Summative Test in Araling Panlipunan 9
Authored by Jerome Auxtero
English
8th Grade
Used 2+ times

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24 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What do we call the things that people acquire without payment, such as air and sunlight?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What do we call the things that have a corresponding value or price, such as food, clothing, and housing?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
This is a branch of Social Science that studies how to address the seemingly endless needs and wants of people using the limited resources of the country.
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Derived from the Greek word 'mikro' which means small.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
Who is known as the 'Father of Modern Economics' and is recognized for his doctrine of laissez-faire or Let Alone Policy?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
What do we call the study of small units of the economy such as individuals and businesses?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
Who proposed the theory about population and stated that population grows faster than food?
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