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- 1. Multiple Choice
All are prototypes of the Economic System except for
Market System
Mixed System
Production System
Command System
- 2. Multiple Choice
It covers all the natural resources found above, on, and below the earth's crust
Land
Capital
Labor
- 3. Fill in the Blank
It refers to the mere expressions of needs.
- 4. Multiple Choice
It is the process of turning out goods and services.
Natural Resources
Economic System
Consumption
Production
- 5. Multiple Choice
All are factors affecting economic wants except?
Income
People
Population
Location
- 6. Multiple Choice
Consumption is an organized way by which a society provides for the needs of its people
TRUE
FALSE
- 7. Multiple Choice
All are rights of a Filipino consumer except?
right to choose
right to redress
right to consumer education
right to get angry for no reason
- 8. Multiple Choice
Demanding for official receipts is a duty of a Filipino consumer
TRUE
FALSE
- 9. Multiple Choice
It refers to the needs that are based on physiological, personal, or socio-economic requirements necessary for you to function and live.
Economic needs
Economic wants
- 10. Fill in the Blank
It is the combination of command and market system.
- 11. Multiple Choice
Market System started in England
TRUE
FALSE
- 12. Multiple Choice
Capital is the human component of production.
TRUE
FALSE
- 13. Fill in the Blank
It refers to the God-given things found in the physical
environment. (clue: ------- resources)
- 14. Multiple Choice
How many prototypes does an economic system have?
2
3
4
6
- 15. Multiple Choice
It is an economic concept that explains the idea that economic resources are limited and therefore all resources are scarce.
scarcity
economy
economics
- 16. Multiple Choice
What is Republic Act No. 7394?
Universally Accessible Cheaper and Quality Medicines
Act of 2008
Consumers Act of the Philippines
Expanded Senior Citizens Act of 2010
- 17. Multiple Choice
Is Republic Act No. 9994 (Expanded Senior Citizens Act of 2010) part of the laws that protect Filipino Citizens?
TRUE
FALSE
- 18. Multiple Choice
Economic needs
food
water
seventeen album <3
iphone
shelter
- 19. Multiple Choice
One of the responsibilities of a Filipino consumer is Environmental Awareness
AGREE
DISAGREE
- 20. Multiple Choice
Land Transportation Franchising and Regulatory Board (LTFRB) are not part of Pro-Consumer Government Agencies
AGREE
DISAGREE
- 21. Multiple Choice
bonus question :
important things to do? (choose as many as u want)
like hanjiji's post because she is so pretty
cry kay kagwapo sng seventeen
bakal merch miskan broke na
malantaw netflix imbis ma study
masinggit kay kagwapa sng girl sa squid game
- Answer choicesTagsAnswer choicesTags