Unit 1 Review - Midterm

Unit 1 Review - Midterm

Assessment

Flashcard

Social Studies

12th Grade

Hard

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123 questions

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1.

FLASHCARD QUESTION

Front

What is an economic want?

Back

Things people would like to have.

2.

FLASHCARD QUESTION

Front

Scarcity means:

Back

Not enough of something you wanted

3.

FLASHCARD QUESTION

Front

If 5 people want an ice-cream, is there a scarcity?

Back

Yes, there is a scarcity.

4.

FLASHCARD QUESTION

Front

If 8 people want a stuffed animal, is there a scarcity?

Back

Yes, there is a scarcity.

5.

FLASHCARD QUESTION

Front

If 2 people want a soccer ball, is there a scarcity?

Back

No, there is not a scarcity.

6.

FLASHCARD QUESTION

Front

Who is affected by the condition of scarcity?

Back

All societies

7.

FLASHCARD QUESTION

Front

Why do all societies have to make decisions about how resources will be used?

Back

There are not enough resources for those who want them

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