Economics Quiz

What type of resource is water?

• Natural

• Human

• Capital

• Mineral

How do most people earn money?

• By sleeping

• By working at a job

• By playing games

• By watching TV

Is a bicycle a good or a service?

• Good

• Service

• Both

• Neither

Is a chair a good or a service?

• Good

• Service

• Both

• Neither

What type of resource is soil?

• Natural

• Human

• Capital

• Synthetic

What type of resource is quartz rock?

• Natural

• Human

• Capital

• Technological

Which is a natural resource from the options below.

• Bulldozer
• Teacher
• Quartz rock
• Factory machinery

What is a producer?

• Someone who makes goods or provides services

• Someone who buys goods

• Someone who watches TV

• Someone who reads books

What might a designer use as a capital resource?

• Sewing machine

• Paint

• Soil

• Water

What is the role of a producer in the economy?

• To make goods and provide services

• To buy goods

• To watch TV

• To read books