Economics Introduction
Quiz
•
9th - 12th Grade
•
Medium

Sean Higgins
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20 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The total value of goods and services produced within the a country during one year.
Gross Domestic Product (GDP)
Gross National Income (GNI)
Gross Food Cafeteria (GFC)
Human Consumption Chart (HCC)
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
There are 4 _______________. They are land, labor, capital and entrepreneurship.
Factors of Production
Market Economy
Profit
Economics
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Tools used by people at work like assembly lines, or a hammer, or a ladder are called _______________.
Labor
Capital
Revenue
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The study of how people seek ways to meet their wants and needs by making choices is called?
Economics
Philosophy
Capitalism
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The four factors of production.
Machines, Money, Oil, Plastic
money, big cars, money, diamond rings
Natural Resources, Labor, Capital, Entrepreneurship
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