Fast and Curious Week 3

Fast and Curious Week 3

7th Grade

10 Qs

quiz-placeholder

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Fast and Curious Week 3

Fast and Curious Week 3

Assessment

Quiz

others

7th Grade

Practice Problem

Medium

Created by

Debra Bates

Used 23+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does the term "production" mean?

The use of goods and services

The act of making goods and services

The act of supplying goods and services to a group or area

The lack of resources to produce goods and services

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which term refers to the act of supplying goods and services to a group or area?

Consumption

Production

Distribution

Scarcity

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the meaning of "consumption"?

The act of making goods and services

The use of goods and services

The regulation of international trade

The lack of resources

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does "trade barrier" mean?

The act of supplying goods and services

The use of goods and services

The regulation or policy that restricts international trade

People who rely on each other for survival or success

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which term describes the lack of resources to produce all the goods and services that are needed or wanted?

Interdependent

Scarcity

Distribution

Consumption

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does "interdependent" mean?

The use of goods and services

The act of making goods and services

The regulation of international trade

People, societies, or other groups who rely on each other for survival or success

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which term relates to how a country or community is governed, including the rules, leaders, and decisions that affect everyone?

Social

Economic

Political

Technological

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