Rule of 3's Economics
Authored by Adrian Mendoza
Financial Education
10th Grade
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10 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the Three Basic Economic Questions? (Select All That Apply)
How to Produce?
What to Produce?
For whom to produce it?
Where to produce?
2.
OPEN ENDED QUESTION
3 mins • 1 pt
List 5 resources used in the production of this truck.
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3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the 3 Factors of Production? (Select All That Apply)
Land
Labor
Capital
Entrepreneurship
4.
OPEN ENDED QUESTION
3 mins • 1 pt
List an example of Land.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
List an example of Labor.
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
List an example of Capital.
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What are some concerns associated with Land?
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