The making, buying and selling of goods and services
FBLA Economics

Quiz
•
Social Studies
•
6th Grade
•
Hard
John Robinson
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
economics
inflation
market
barter
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The study of resources such as money, materials, and labor
economics
services
producers
goods
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The resources required to make a product (good or service)
economics
consumption
four factors of production
scarcity
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A general increase in prices
price
inflation
scarcity
demand
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The idea that resources are limited; we don't have an unlimited supply of what we want
scarcity
supply
demand
inflation
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which type of economy is run by the businesses & business owners?
Command
Mixed
Communist
Market
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The concept of opportunity cost is best described as
A) The cost of the next best alternative foregone
B) The total cost of all alternatives
C) The cost of production
D) The cost of goods sold
Create a free account and access millions of resources
Similar Resources on Quizizz
14 questions
Macro: Fiscal & Monetary Policy

Quiz
•
9th - 12th Grade
15 questions
President Ford

Quiz
•
11th Grade - University
20 questions
Macroeconomics

Quiz
•
12th Grade
14 questions
AP Macro Phillips Curve 5.2

Quiz
•
12th Grade
12 questions
Révisions-Politiques monétaire et budgétaire

Quiz
•
10th Grade
10 questions
Too Much Money - Understanding Inflation Quiz

Quiz
•
10th Grade
15 questions
Macro SSEMA 1 GDP

Quiz
•
9th - 12th Grade
14 questions
Inflation and deflation

Quiz
•
11th - 12th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade