SWA CSA

SWA CSA

7th Grade

‱

30 Qs

quiz-placeholder

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SWA CSA

SWA CSA

Assessment

Quiz

‱

Social Studies

‱

7th Grade

‱

Practice Problem

‱

Hard

Created by

Kamiya Owens

Used 1+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What are economics?

raw materials from the earth

factories, machine, and technology

The study of how decisions are made about how to distribute resources in order to satisfy our unlimited wants

voluntary exchange of goods and services among people and countries

2.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What is an Entrepreneur?

someone who has an idea for a good service and takes the risk of and takes the risk to produce it

development of an increasingly worldwide economy

level of weath and material comfort a country has

raw materials from the earth

3.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What is a command economy?

A pecentage of increase from one year to the next

All economic decisions are made by the government

level of wealth and material comfort a country has

raw material from the earth

4.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What is bartering?

skill, knowledge and education of workers

factories, machines, and technology

one's own country

Trading without using money

5.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What is a Market economy?

trading without using money

raw materials from the earth

development of an increasingly worldwide economy

economic decisions are made based on the changes in prices that occur as buyers and sellers interact in the marketplace

6.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What is a Mixed Economy?

factories, machines, and technology

someone who has an idea for a good or service and takes the risk to produse it

an economy that is between a command and market

level of wealth and material comfort a country has

7.

MULTIPLE CHOICE QUESTION

30 sec ‱ 1 pt

What are Natrual Resources?

factories, machines, and technology

skills, knowldege, and education of workers

raw materials from the earth

voluntary exchange of goods and services among people and countries

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