Economics Intro | Quizalize

Economics Intro

Quiz by Gerald Williams

High School

Economics with Emphasis on the Free Enterprise System and Its Benefits

Texas Essential Knowledge and Skills (TEKS)

Customize this quiz to suit your class

Instantly translate to 100+ languages

Measures 2 skills from

High School

Economics with Emphasis on the Free Enterprise System and Its Benefits

Texas Essential Knowledge and Skills (TEKS)

113.31.C.1

The student understands the concepts of scarcity and opportunity costs.

113.31.C.1.A

Explain why scarcity and choice are basic economic problems faced by every society

Track each student's skills and progress in your Mastery dashboards

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Q 1/4
Score 0
What is the definition of economics?
30
The study of how people make decisions based on their unlimited wants and limited resources
The study of how people make decisions based on their unlimited wants and unlimited resources
The study of how people make decisions based on their unlimited resources
The study of how people make decisions based on their limited wants and limited resources
Q 2/4
Score 0
What is the fundamental economic problem facing all societies? a) b) c) Scarcity d)
Answer: c)
30
Overproduction
Surplus
Abundance
Scarcity

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Related quizzes

Economics Intro

Quiz by Gerald Williams

High School

Economics with Emphasis on the Free Enterprise System and Its Benefits

Texas Essential Knowledge and Skills (TEKS)

Customize this quiz to suit your class

Instantly translate to 100+ languages

Measures 2 skills from

High School

Economics with Emphasis on the Free Enterprise System and Its Benefits

Texas Essential Knowledge and Skills (TEKS)

113.31.C.1

The student understands the concepts of scarcity and opportunity costs.

113.31.C.1.A

Explain why scarcity and choice are basic economic problems faced by every society

Track each student's skills and progress in your Mastery dashboards

Q 1/4
Score 0
What is the definition of economics?
30
The study of how people make decisions based on their unlimited wants and limited resources
The study of how people make decisions based on their unlimited wants and unlimited resources
The study of how people make decisions based on their unlimited resources
The study of how people make decisions based on their limited wants and limited resources
Q 2/4
Score 0
What is the fundamental economic problem facing all societies? a) b) c) Scarcity d)
Answer: c)
30
Overproduction
Surplus
Abundance
Scarcity

4 questions

Q.

What is the definition of economics?

1

30 sec

113.31.C.1

Q.

What is the fundamental economic problem facing all societies? a) b) c) Scarcity d)

Answer: c)

2

30 sec

113.31.C.1

Q.

What causes scarcity in an economy?

3

30 sec

113.31.C.1

Q.

Which of the following is an example of a choice made due to scarcity?

4

30 sec

113.31.C.1.A