Economics Quick Quiz

Which of the following is a good?

• a skateboard

• a teacher

• a police man

• a hairdresser

Which of the following is a service?

• a pencil

• a car wash

• a shirt

• an apple

Which of these is an example of a human resource?

• a river

• a forest

• a teacher

• a computer

Who is a consumer?

• A person who provides a service.

• A person who gets a loan from a bank.

• A person who buys goods and services.

• A person who works at a job.

Which type of productive resource is a tree?

• a human resource

• a capital good

• an entrepreneur

• a natural resource

Jennifer works for the Coca Cola company as a truck driver. What type of resource is Jennifer?

• a natural resource

• an entrepreneurial resource

• a capital resource

• a human resource

What do human resources provide to businesses?

• land

• labor

• capital

• income

Claire loaded her truck with vegetables from her garden to sell at a local market. Which of the following BEST describes Claire's truck?

• human resource

• natural resource

• land resource

• capital resource

Which of the following is an example of an entrepreneur?

• Herby volunteered at his church last week.

• Frank started a business delivering food.

• Matt baked cookies for his elderly neighbors.

• Arthur painted pictures of his friends for free.

On weekends, Josh pulls his lawnmower behind his bike and mows people's lawns for $20. Which of the following BEST describes Josh?

• Josh is an entrepreneur.

• Josh is a competitor.

• Josh is a capital resource.

• Josh is a natural resource.