Which economic term relates to not having enough resources to produce for all wants and needs?

Nadia makes the decision to purchase Barnes Noble’s Nook Tablet for $199 instead of the new Kindle Fire. What is Nadia’s opportunity cost?

What are the factors of production (capital, entrepreneur, land and labor) known as?

What is determined by supply and demand?

Things used to motivate someone to change their economic behavior such as sales and buy one get one are which economic term?

When supply increases and demand decreases, what happens to prices?

What determines the type of economy for a country?

Which economic system has individuals and businesses making decisions for the private sector and government for the public sector?

Which economic system has competition, profit motive, consumer sovereignty and choice with minimal to no government involvement?

Who rules the market in a Free Market System?

Which economic system is centrally-owned and planned and lacks choice?

Which type of business is authorized by law to act as a person regardless of the number of owners?

Which of the following is NOT a public good or service?

Which amendment created a federal income tax?

Where does career planning start?

Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2024 Review Game Zone | About | Privacy | Contact | Terms | Site Map