Chapter 1: Economic Decisions and Systems

Chapter 1: Economic Decisions and Systems

9th - 12th Grade

40 Qs

quiz-placeholder

Similar activities

Venture: Entrepreneurial Expedition Lesson 1&2

Venture: Entrepreneurial Expedition Lesson 1&2

9th - 12th Grade

40 Qs

LO4 - Understand Customer Service and Internal Influences on Business

LO4 - Understand Customer Service and Internal Influences on Business

9th - 11th Grade

35 Qs

Intro - Ancient, Modern and Systems Review

Intro - Ancient, Modern and Systems Review

9th - 12th Grade

35 Qs

MM 2022 Fall review

MM 2022 Fall review

9th - 12th Grade

40 Qs

Taxes, Government , Payckecks & Credit

Taxes, Government , Payckecks & Credit

9th Grade

40 Qs

Trade theories International Business Grade 12

Trade theories International Business Grade 12

12th Grade

36 Qs

Managing Your Money

Managing Your Money

11th - 12th Grade

40 Qs

Business Plan Final Summative

Business Plan Final Summative

12th Grade

40 Qs

Chapter 1: Economic Decisions and Systems

Chapter 1: Economic Decisions and Systems

Assessment

Quiz

Life Skills, Business

9th - 12th Grade

Practice Problem

Medium

Used 31+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that are required in order to live

needs

wants

chocolate

luxuries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things available to be used to produce goods and services

goods

market price

demand

economic resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The method a country uses to answer the three economic questions

economic system

captilism

market price

trade-off

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Process of choosing which needs and wants will be satisfied

wants

needs

economic decision making

economic resources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Not having enough resources to satisfy every need

needs

wants

scarcity

luxuries

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Quantity of a good or service that businesses are willing and able to provide

demand

supply

scarcity

wants

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Person who buys and uses goods and services

consumer

producer

manager

entrepreneur

Create a free account and access millions of resources

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

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?