Econ Test 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | government
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Most jobs are handed down from parent to child in a | show 🗑
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Which of the following is considered to be a human resource? | show 🗑
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show | traditional economy
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The production possibilities available to a nation are shown on a | show 🗑
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Great variety of goods and services is characteristic of | show 🗑
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Which of the following is true of resources and wants? | show 🗑
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A production possibilities graph illustrates | show 🗑
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show | consumer
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show | government ownership of businesses
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show | car
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show | human, capital, natural
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show | when to produce
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A basic economic problem facing all societies is | show 🗑
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An example of a natural resource is all of the following except | show 🗑
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When a person gives up time, money, goods, and services for another choice it is a(n) | show 🗑
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show | natural, human & capital resources
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Capital goods are | show 🗑
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show | microeconomics
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show | military and consumer goods
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show | Obamacare
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This idea - put forth by Adam Smith - says that many underlying causes that cannot be seen lead consumers and producers to agree on prices for items. | show 🗑
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show | Businesses within a country should be free to run without government interference
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Which one of the following would be a great example of a market economy? | show 🗑
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Which one of the following would be a great example of a command economy? | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
migliorej
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