Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Economics
Test Description: Economic Systems
Instructions: Answer all questions to get your test result.
1) This is NOT a factor of production
A
Capital
B
Land
C
Wants
D
Labor
2) The study of how people or nations use their scarce resources to satisfy their unlimited wants and needs.
A
Human Resources
B
Entrepreneurship
C
Diplomacy
D
Economics
3) Examples are money, buildings, equipment, and tools
A
Entrepreneurship
B
Capital
C
Free enterprise
D
Credit
4) This is also referred to as human resources
A
Communism
B
Payroll
C
Labor
D
Capital
5) Refers to the fact that people want more than they can have
A
resources
B
capital
C
scarcity
D
labor
6) This is the type of economic system with the most freedom to run a business.
A
Democracy
B
Socialism
C
Communism
D
Capitalism
7) This is the economic system that has the most government control.
A
Capitalism
B
Communism
C
Socialism
D
Democracy
8) The United States is an example of this type of economic system
A
Capitalism
B
Democracy
C
Communism
D
Socialism
9) The following is NOT an example of a natural resource
A
Minerals
B
Computers
C
Oil
D
Trees
10) People who invest time and money to run a business
A
Shift Manager
B
Bank Executive
C
Credit Manager
D
Entrepreneurs
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?