SS9 - Diagnostic

SS9 - Diagnostic

9th Grade

15 Qs

quiz-placeholder

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SS9 - Diagnostic

SS9 - Diagnostic

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Hard

Created by

Alvin Requiero

Used 3+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Human needs and wants are unlimited. We need to prioritize our needs. We have to satisfy ourselves with food, clothing, and shelter because they are considered as:

pre-needs

primary needs

security needs

secondary needs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hierarchy of human needs is a famous theory about human needs. Who formulated this theory?

Adam Smith

David Ricardo

Simon Kuznets

Abraham Harold Maslow

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic system in which a state controls and owns all the industries and resources of the country is known as:

socialism

capitalism

communism

mercantilism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Several factors influence consumption. Consumers' behavior is often affected by these factors. What is the factor that motivates and convinces the consumers to patronize the products?

Income

Prices

Occasions

Advertisement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are factors of production which are used to produce goods and services to satisfy our needs. Which of the factors of production has the ability to take the risk and manage the business?

Capitalist

Land Owner

Labor Force

Entrepreneur

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are determinants of demand which may result to its increase and decrease. When the consumers speculate what will happen to the economy, they______

save their money

change their demand

resort to panic buying

decrease their demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total cost in the production is PhP 900,000 and the total revenue is PhP 1,253,000. How much is the profit.

1,163,000

553,000

353,000

335,000

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