Search Header Logo

ECONOMICS FINAL EXAM

Authored by Juanita Gidron

Social Studies

11th Grade

CCSS covered

Used 27+ times

ECONOMICS FINAL EXAM
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ is the most basic economic problem.

Scarcity
Labor
Greed
Capital

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following would be an example of human capital? 

The amount of workers who work in a Nike factory
The skills of the shoe designers at Nike 
Philip Knight, the CEO of Nike 
The land that the Nike headquarters is located on in Beaverton Oregon

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Only the government decides what goods and services will be produced in a market economy.

True
False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The four types of economic systems are: 

Traditional, Command, Mixed, & Market
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Microeconomics, Macroeconomics, Individual, and Traditional.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a need?

clothes
car
job
smart phone

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How do you satisfy your unlimited wants in a world of limited resources?

by making more money
by making choices
by stealing
by setting a budget

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Is this shelter a want or a need?

Want
Need

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?