
Y10 Economics Unit - Revision
Authored by Dexter Lim
Business
10th Grade
42 Questions
Used 17+ times

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1.
MATCH QUESTION
1 min • 1 pt
Match the following questions
Global economics
the study of a nation as a whole
Social science
the study of how countries interact in trade
Macroeconomics
the study of individuals, households and businesses
Microeconomics
the study of human interactions and relationships between individuals and society.
2.
MATCH QUESTION
1 min • 1 pt
Match the following
Producers
An intangible commodity
Goods
A person who purchases goods and services for personal use.
Consumers
Tangible items that can be used and stored
Services
People who make or grow goods and provide services
Economics
A social science that focuses on the production, distribution, and consumption of goods and services, and analyses the choices that individuals, businesses, governments, and nations make to allocate resources.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
non-natural products used in the production process
(use lower case)
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
skills, creativity and risk-taking ability of a business-person to combine and manage
the other three factors of production
(use lowercase)
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Natural resources used in the production process
(use lowercase)
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
human resources required in the production process
(use lower case)
7.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these options into the right categories
Groups:
(a) Land
,
(b) Labour
,
(c) Capital
,
(d) Enterprise
economist
stapler
football player
gold
aeroplane
grass
horse
Jeff Bezos
farmer
Elon Musk
bridge
computer
bus driver
Donald Trump
shed
actor
teacher
coal
water
sheep
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