Economics

Economics

KG - Professional Development

8 Qs

quiz-placeholder

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Social Studies

KG - Professional Development

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Every society has...

Options

Resorces

Labor

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

____________ RESOURCES (Land)

Human

Capital

Natural

Phisical

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

________ RESOURCES (Labor)

Capital

Human

Relax

Natural

4.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Natural, Human, Capital Resources are used to produce...

Wood

Goods

Food

Services

5.

MULTIPLE SELECT QUESTION

1 min • 1 pt

But RESORCES are ___________ and HUMAN WANTS are ___________

Limited

Millions

Unlimited

One

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

But RESORCES are Limited and HUMAN WANTS are Unlimited which results in __________

Living

Scarcity

Money

Unlimited amounts

7.

MULTIPLE SELECT QUESTION

1 min • 1 pt

But RESORCES are Limited and HUMAN WANTS are Unlimited which results in Scarcity shich means people must make Choices In order to awnser the questions:

What goods will be produced?

How will the goods and services be produced?

Why will goods and services will be produced?

Who will consume the goods and services

8.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How a Society awnsers questions will result in a particular type of...

Market Economy

Economic System

Mixed Economy

Comand Economy