Lester
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 | the value of the item given up when another is chosen
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| show | machine, tools, and buildings used to produce goods and services
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| Any point inside a production possibilities curve indicates what is happening to resources? | show 🗑
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| How are decisions made in a traditional economy? | show 🗑
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| Economics is primarily concerned with? | show 🗑
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| Minerals and other natural resources in economics are factors of production know as? | show 🗑
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| show | Individuals within the market
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| In which system is it easier to start your own business? | show 🗑
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| show | Market
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| A traditional economic system generally lacks? | show 🗑
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| show | All nations
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| What is an economic model used for? | show 🗑
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| What is a hypothesis? | show 🗑
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| show | Production impossibility and might be reached with new technology
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| Which economic system is the government not involved in? | show 🗑
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| show | Market
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| show | Command
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| show | Command
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| What is the economic system in China like? | show 🗑
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| show | The government controls few of the decisions and individuals control most of the decisions.
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| Basic shelter is a need or want? | show 🗑
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| A sno-cone is a need or want? | show 🗑
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| show | to attract more customers
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| What does the term laissez-faire mean? | show 🗑
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| show | Mixed
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| show | When people want more goods and services than can be produced
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| Why do economist disagree on their theories, solutions, or predictions? | show 🗑
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| Do traditional economic systems exist today? | show 🗑
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| What is another name for a market economic system? | show 🗑
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| show | Wise use of available resources so that costs do not exceed benefits
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| show | expansion of the economy to produce more goods, jobs and wealth
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| show | the attempt to balance an economic policy so that everyone benefits fairly
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| What is economic efficiency? | show 🗑
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| What is economic growth? | show 🗑
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| show | the attempt to balance an economic policy so that everyone benefits fairly
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| show | desire to make money that motivates people to produe and sell goods and services
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| What is private property? | show 🗑
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| show | rivalry among producers or sellers of similar goods and services to win more business
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| What is capitalism? | 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.
To hide a column, click on the column name.
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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.
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:
shellylester
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