Quiz: What is the economy?

Quiz: What is the economy?

8th Grade

40 Qs

quiz-placeholder

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Quiz: What is the economy?

Quiz: What is the economy?

Assessment

Quiz

History

8th Grade

Easy

Created by

Bennett Burch

Used 9+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics is the study of decisions people make to meet ______ and ______.

deadlines, inflation

needs, wants

standards, goals

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ are things that you must have to live or stay healthy and safe.

Needs

Wants

Opportunity costs

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________ are things you would like to have.

Needs

Wants

Opportunity costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tanvi goes to work so she can make money to pay for her house. Is this an example of a need or a want?

need

want

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tanvi cancels plans for next week so she can go on a vacation. Is this an example of a need or a want?

need

want

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tanvi watches her favorite TV show. Is this an example of a need or a want?

need

want

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tanvi eats breakfast so she has energy for the day. is this a need or a want?

need

want

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