Basic Economic Decisions

Basic Economic Decisions

8th Grade

10 Qs

quiz-placeholder

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Wyatt CE 11b Econ Systems 2021snapshot

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Basic Economic Decisions

Basic Economic Decisions

Assessment

Quiz

Social Studies

8th Grade

Medium

Created by

VANESSA SANCHEZ

Used 24+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is a factor of production?

economy

business

capital

ideas

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Benefits that are lost when choosing one option over another.

factors of production

scarcity

goods

opportunity cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Where did the movie Kit took place?

New York

Cincinnati

San Francisco

Minnesota

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did PWA stands for?

Public Works Administration

Public Works Authority

Prohibition Works Administration

People Work Administration

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of how people, which includes countries and companies, make choices on buying, selling, using, and distributing things.

opportunity cost

good

economics

scarcity

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

The demand for a good or service is greater than the availability of the good or service is ____?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Things that we will like to have are_______?

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