It is the study of the choices people make to satisfy their wants and needs with a limited supply of resources.
Econ, Ling, Histo Review Quiz

Quiz
•
Social Studies
•
12th Grade
•
Medium
Josuellier Mendoza
Used 2+ times
FREE Resource
20 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a branch of economics that's look at the economic behavior of individuals, households, and businesses.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He is known as "The Father of Economics"
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This economist/sociologist theorized the 2 major problems/flaws with capitalism: 1) ups and downs of the free market and 2)an abundance of labor.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is anything used to get or create goods and services.
Materials
Ingredients
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a branch of economics that takes a wider view and looks at the economies on a much larger scale.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a field of economics that uses a mathematical and statistical method to analyze economic phenomena like trends in sales.
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