Econ Review Prior to Spring Break 22-23
Authored by Cynthia O'Casey
Social Studies
8th Grade
Used 6+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Not being able to satisfy all wants at the same time.
Goods
Services
Scarcity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A selection of an item or action
Goods
Services
Choice
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is given up when a choice is made.
Goods
Services
Opportunity Cost
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is NOT a resource that makes goods & services?
Natural
Human
Capital
Entrepreneurial
Economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are examples of...
Buying groceries, ordering from Amazon, getting gas, a McDonald's vanilla milk shake, buying a new shirt, buying new shoes.
Goods
Services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are examples of...
Getting a hair cut, going through the drive thru, getting a delivery from Amazon, picking up your dry cleaning.
Goods
Services
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The United States is which type of economy?
Mixed Economy
Free Market Economy
Command Economy
Traditional Economy
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