Basic Economic Concepts KG - University Quiz | Quizizz

Basic Economic Concepts

Basic Economic Concepts

Assessment

Assessment

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Social Studies

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KG - University

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16 plays

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14 questions

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1.

Multiple Choice

45 sec

1 pt

the factors of prodution

Scarcity

choice

opportunity cost

resources

2.

Multiple Choice

45 sec

1 pt

selecting an item or action

Scarcity

choice

opportunity cost

resources

3.

Multiple Choice

45 sec

1 pt

what is given up when a choice is made

Scarcity

choice

opportunity cost

resources

4.

Multiple Choice

45 sec

1 pt

amount of money exchanged for a good or service

price

incentive

consumption

production

5.

Multiple Choice

45 sec

1 pt

things that incite or motivate

price

incentive

consumption

production

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