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Civics Unit 10 Week 1

Authored by Christopher Moss

Social Studies

6th - 8th Grade

Used 21+ times

Civics Unit 10 Week 1
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is scarcity?

When there's not enough of something to meet wants
When prices are too high
When resources are unlimited
When consumers stop buying
When the government makes all choices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is opportunity cost?

What you give up when you make a choice
The money a product costs
The best option available
A type of income
The amount of a good produced

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a natural resource?

Trees
Teachers
Tractors
Credit cards
Money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of resources in economics?

Factors used to produce goods and services
Bank accounts
Items sold in a store
A type of market
Scarce products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four main types of resources?

Natural, Human, Capital, Entrepreneurship
Monetary, Land, Material, Personal
Labor, Tools, Management, Investment
Free, Private, Shared, Government
Traditional, Command, Free Market, Mixed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is choice in economics?

Picking between two or more options
Getting a discount
Saving money
Trading for goods
Selling products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the U.S. economy, who primarily owns property and businesses?

Individuals and private businesses
The president
The federal government
The military
State officials

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