Intro. to Economics Test Q1
Authored by Aura Vásquez
Geography, Social Studies, Business, Other
6th - 12th Grade
Used 1+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a market?
To provide a place for buyers to spend time
To allow for the exchange of products
To provide jobs for sellers
To provide a method to raise government taxes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In school it is important to learn about ______________________ because we are all involved in buying goods and services.
Economic System
History
Economics
Politics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The employees at the hospital are considered __________________________________.
Factors of Production
Natural Resources
Human Resources
Capital Resources
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The central problem in economics is:
Government
Busineseses
Scarcity
Opportunity Cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trucks and boats help with the __________________________ of goods.
Consumption
Production
Distribution
Factors of Production
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True/False: The economic systems of different countries are connected.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which type of economy has the MOST government involvement?
communism
free-market
capitalism
socialism
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
