F. Digital Unit Test
Authored by Emma Danes
Social Studies
7th Grade
Used 9+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which resource is NOT an example of a factor of production?
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which example is NOT an economic indicator used to measure a nation’s standard of living?
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which term describes how goods are made and sold in a society to meet the people’s needs?
4.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
What is analyzed to set fair prices in an economy and determine the market equilibrium?
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What might be an effect on a society if one of the factors of production is in short supply?
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What economic idea is illustrated by the following sentence? “All 24 kids in class want to color with markers, but there are only 3 markers available to use.“
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which factor most likely influences an entrepreneur’s desire to start a business?
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