Chapter 16 - Introduction to Economics
Flashcard
•
Social Studies
•
8th Grade
•
Easy
Wayground Content
Used 1+ times
FREE Resource
Student preview

19 questions
Show all answers
1.
FLASHCARD QUESTION
Front
In the U.S., prices are established primarily through
Back
the forces of supply and demand
2.
FLASHCARD QUESTION
Front
When "thinking like an economist", one should accept an option when
Back
the benefits outweigh the costs
3.
FLASHCARD QUESTION
Front
A surplus typically indicates that
Back
the price is too high
4.
FLASHCARD QUESTION
Front
What forces people and nations to make economic choices?
Back
scarcity of resources
5.
FLASHCARD QUESTION
Front
Which of the following is an example of what to produce? Options: printing new textbooks, regulating air pollution caused by factories, hiring new workers, deciding where to drill for oil
Back
printing new textbooks
6.
FLASHCARD QUESTION
Front
Which of the following directly causes a change in demand? new technology, lower costs of production, number of producers, number of consumers
Back
number of consumers
7.
FLASHCARD QUESTION
Front
Which of these actions might explain a shift to the right of a demand curve?
Options:
The average income of consumers declines during a recession.
People are shopping for a hard to find toy during the holidays.
A surplus of oil hits the market.
The number of consumers in the market area decreases.
Back
People are shopping for a hard to find toy during the holidays.
Create a free account and access millions of resources
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
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
18 questions
phythagoras 8
Flashcard
•
9th Grade
8 questions
Prepositions of place (furniture)
Flashcard
•
KG
15 questions
Solving One Step Equations with Addition or Subtraction
Flashcard
•
6th - 7th Grade
15 questions
CONSTITUTIONAL DESIGN CLASS 9
Flashcard
•
9th Grade
14 questions
Basic Sentences Flashcards
Flashcard
•
KG
13 questions
Báo 1
Flashcard
•
KG
15 questions
Digestive System
Flashcard
•
7th Grade
10 questions
Right on 3- Starter
Flashcard
•
9th Grade
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
11 questions
NEASC Extended Advisory
Lesson
•
9th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
10 questions
Boomer ⚡ Zoomer - Holiday Movies
Quiz
•
KG - University
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
Discover more resources for Social Studies
18 questions
Influencing Govt (Interest Groups-Media)
Quiz
•
6th - 8th Grade
5 questions
American Revolutionary War
Interactive video
•
8th Grade
25 questions
GA Constitution Review
Quiz
•
8th Grade
11 questions
Human Adaptations & Modifications
Quiz
•
5th - 10th Grade
9 questions
Vocabulary #4-Revoution
Quiz
•
8th Grade
10 questions
Exploring Economic Systems and Their Impact
Interactive video
•
6th - 10th Grade
10 questions
Vocabulary-Revolution #3
Quiz
•
8th Grade
32 questions
Road to American Revolution Review
Quiz
•
8th Grade