Civics Study Guide Quiz

Civics Study Guide Quiz

12th Grade

30 Qs

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Civics Study Guide Quiz

Civics Study Guide Quiz

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Katrina Howes

Used 2+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How would you describe goods? (p434)

Tangible items that satisfy human wants

Services provided by businesses

Digital products sold online

Financial assets like stocks and bonds

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are goods and services important to the economy? (p.434)

They provide employment opportunities

They contribute to GDP

They satisfy consumer needs

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main features of modern mass production? (p. 435)

Customization and small-scale production

Automation and large-scale production

Manual labor and artisanal methods

Limited production and high costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Describe the gross domestic product. (GDP) (p. 435)

The total value of goods produced in a country

The total value of services provided in a country

The total value of goods and services produced in a country

The total value of exports and imports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain in your own words profit.

The revenue earned from sales

The cost of production

The financial gain after expenses

The investment in a business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the service sector of the economy?

The sector that produces goods

The sector that provides services

The sector that exports products

The sector that imports raw materials

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define marketing. (p. 444)

The process of selling goods

The process of promoting and selling products or services

The process of manufacturing products

The process of distributing goods

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