Economic Principles & Decisions CE 11ab 14a-f

Economic Principles & Decisions CE 11ab 14a-f

7th Grade

10 Qs

quiz-placeholder

Similar activities

Economic Terms 2

Economic Terms 2

7th Grade

12 Qs

United States Economy CE 12a-f 13a-f

United States Economy CE 12a-f 13a-f

7th Grade

12 Qs

Unit 6 Globalization Vocabulary

Unit 6 Globalization Vocabulary

7th Grade

11 Qs

Economic Systems Quiz

Economic Systems Quiz

6th - 8th Grade

10 Qs

Civics Chapter 16- Lesson 1

Civics Chapter 16- Lesson 1

7th Grade

10 Qs

African Economies

African Economies

7th Grade

14 Qs

Moseley_govt test review part 3

Moseley_govt test review part 3

7th Grade

11 Qs

AKS 37: Economic Systems of Africa

AKS 37: Economic Systems of Africa

7th Grade

10 Qs

Economic Principles & Decisions CE 11ab 14a-f

Economic Principles & Decisions CE 11ab 14a-f

Assessment

Quiz

Social Studies

7th Grade

Easy

Created by

Zachary Allen

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the value of the next best alternative that is given up when a choice is made? (CE.11a)
Scarcity
Production
Opportunity cost
Consumption

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best explains why scarcity forces individuals and governments to make choices? (CE.11a)
Resources are always renewable
Goods and services are unlimited
Resources and goods are limited while wants are unlimited
There is no opportunity cost when making decisions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which type of economy are most decisions made by custom and historical precedent? (CE.11b)
Traditional economy
Free market economy
Command economy
Mixed economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy features private ownership, competition, and minimal government involvement? (CE.11b)
Mixed economy
Command economy
Free market economy
Traditional economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement best describes a mixed economy? (CE.11b)
The government makes all economic decisions
Individuals have no control over what is produced
Customs and traditions guide economic choices
Both individuals and the government make economic decisions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the first step in planning for a career? (CE.14a)
Writing a resume
Applying for jobs
Self-assessment of talents, interests, and aspirations
Comparing salaries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an example of a human capital trait that shows a strong work ethic? (CE.14b)
Asking for frequent breaks
Ignoring instructions
Being dependable and on time
Avoiding teamwork

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?