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Economics Study

Study Economics

EthanLochte
Created Date 12.15.21
Last Updated 12.21.21
Viewed 4 Times
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Create multiple-choice games on Wisc-Online and play them on our Chakalaka mobile app!

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Topics of this game:
  • What is demand and what does it do?
  • What is market economy?
  • What is a consumer?
  • What is profit?
  • What is scarcity?
  • What is innovation?
  • True or False: Competition is producers having conflict over who gets the most products sold.
  • What is Command Economy?
  • True or False: Supply is the number of consumers who want an item.
  • What is market forces?
  • True or False: the market is when supply and demand determines the economy.
  • True or False: Opportunity cost is the benefit you give up by doing something.
  • What is a Producer?
  • True or False: Economy is the entire activity of buying and selling.
  • True or False: Incentive is the willingness to buy an item.

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