Economic Resources and Markets Quiz

Economic Resources and Markets Quiz

9th Grade

15 Qs

quiz-placeholder

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Economic Resources and Markets Quiz

Economic Resources and Markets Quiz

Assessment

Quiz

Others

9th Grade

Hard

Created by

Fikru Gude

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two types of resources mentioned?

Renewable resources and Non-renewable resources

Free resources and Economic resources

Natural resources and Human resources

Scarce resources and Abundant resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reward for labor called?

Interest

Rent

Wage

Profit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a renewable resource?

Solar energy

Coal

Natural gas

Aluminum

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reward for land services known as?

Rent

Wage

Profit

Interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which market is where households purchase consumable goods?

Goods and services market

Capital market

Financial market

Labor market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does conservation of natural resources NOT include?

Recycle

Exhaust

Reduce

Reuse

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reward for entrepreneurship called?

Interest

Profit

Rent

Wage

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