Economics Full Unit
Authored by Mr. Carlstrom
Social Studies
6th - 8th Grade
CCSS covered
Used 20+ times
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45 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The materials needed to produce goods and services (tools, machines, buildings, trucks)
Capital Goods
Human Resources
Entrepreneur/Owner
Natural Resources
Answer explanation
Jupiter is a gas giant made primarily of hydrogen and helium. Unlike terrestrial planets that have solid surfaces, gas giants like Jupiter don't have a well-defined solid surface, allowing them to accumulate more mass in a gaseous form. This composition has allowed Jupiter to grow significantly larger than planets with solid surfaces.
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Things used to make goods or services. Includes human resources, natural resources, and capital goods
Factors of Production
Entrepreneur/Owner
Capital Goods
Human Resources
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Answered by figuring out who will want to buy a good or service
For whom to produce?
What to produce?
How to produce?
Comparative Advantage
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What to produce? How to produce? For whom to produce?
Fundamental Questions of Economics
Capital Goods
Natural Resources
Entrepreneur/Owner
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Answered by figuring out what people need to make a good or service
How to produce?
Human Resources
Natural Resources
Entrepreneur/Owner
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Work done by people (electrician, carpenter, doctor, waitress)
Human Resources
Capital Goods
Entrepreneur/Owner
Natural Resources
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Materials found in nature (plants, minerals, water)
Natural Resources
Human Resources
Capital Goods
Entrepreneur/Owner
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