Economic Resources and Markets Quiz
Authored by Fikru Gude
Others
9th Grade
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two types of resources mentioned?
Renewable resources and Non-renewable resources
Free resources and Economic resources
Natural resources and Human resources
Scarce resources and Abundant resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the reward for labor called?
Interest
Rent
Wage
Profit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a renewable resource?
Solar energy
Coal
Natural gas
Aluminum
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the reward for land services known as?
Rent
Wage
Profit
Interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market is where households purchase consumable goods?
Goods and services market
Capital market
Financial market
Labor market
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does conservation of natural resources NOT include?
Recycle
Exhaust
Reduce
Reuse
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the reward for entrepreneurship called?
Interest
Profit
Rent
Wage
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