Midterm Fall 2025

Midterm Fall 2025

Assessment

Flashcard

Social Studies

12th Grade

Hard

GA.SS.12.SSEF2, GA.SS.12.SSEF3, GA.SS.12.SSEPF2

+11

Standards-aligned

Created by

Wayground Content

FREE Resource

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49 questions

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1.

FLASHCARD QUESTION

Front

What is scarcity in economics?

Back

The limited nature of resources compared to wants.

Tags

GA.SS.12.SSEF1

2.

FLASHCARD QUESTION

Front

Which term describes the additional benefit received from consuming one more unit of a good or service?

Back

Marginal benefit

Tags

GA.SS.12.SSEF2

3.

FLASHCARD QUESTION

Front

Which of the following is a factor that can influence the standard of living in a country? Access to education, The color of the national flag, The number of sports teams, The length of the coastline

Back

Access to education

Tags

GA.SS.12.SSEF4

4.

FLASHCARD QUESTION

Front

Scarcity forces individuals, businesses, and governments to:

Back

Make choices about how to use limited resources

Tags

GA.SS.12.SSEF1

5.

FLASHCARD QUESTION

Front

Which of the following best describes rational decision-making? Options: Making choices based on emotions, Ignoring opportunity costs, Choosing randomly.

Back

Comparing marginal benefits and marginal costs before acting

Tags

GA.SS.12.SSEF2

6.

FLASHCARD QUESTION

Front

Which economic system allows individuals the most freedom in making economic choices?

Back

Market economy

Tags

GA.SS.12.SSEF3

7.

FLASHCARD QUESTION

Front

Which of the following is an example of a marginal cost? Options: The total cost of producing 100 units, The cost of producing one additional unit, The average cost per unit, The fixed cost of production

Back

The cost of producing one additional unit

Tags

GA.SS.12.SSEF2

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