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- 1. Fill in the Blank
Why can’t you always get what you want? (one word)
- 2. Multiple Choice
Which of the following IS NOT an economic factor of production -
Land
Labor
Capital
Entrepreneurship
Money
- 3. Multiple Choice
WANTS are greater than RESOURCES because resources are
unlimited
scarce
experiencing a shortage
expensive
- 4. Multiple Choice
Which of the following is an example of CAPITAL
a machine
a box of cereal
water
a new risky idea
- 5. Multiple Choice
Which of the following is NOT and example of a LAND resource
water
minerals
toothpaste
crude oil
- 6. Multiple Choice
Which of the following would be considered a SERVICE. Mark ALL that apply!
teacher
Uber driver
barber
- 7. Open Ended
Why would someone like Beyonce or Ronaldo be MORE scarce than Ms. Leon?
- 8. Multiple Choice
Economics is the study of how individuals _________ to allocate (distribute) their scarce resources!
choose
refuse
forget
avoid
- Answer choicesTagsAnswer choicesTags