1. What are the three types of productive resources? Select all that apply. (3 points)
the raw materials provided by the planet
the planning and work that go into production
the markets that sell the results of production
the social systems that ensure production is protected
the tools and buildings produced by humans to aid production
the consumer knowledge that allows selection of the best products
2. Which of the following is an economic need, rather than a want? (1 point)
sugar
sunglasses
healthcare
vacation
3. What is the negative trade-off of taking a job? (1 point)
paying sales taxes on purchases
having less time to develop skills
not gaining any experience while working
working toward earning a raise
4. How does the limited leisure time of consumers affect their purchasing habits? (1 point)
They value leisure time more than buying products.
They choose the best value of leisure activities and products.
They seek lower-cost products to increase their leisure time.
They choose not to spend money on leisure activities and products.
Social Studies Unit 7 Scarcity and Choice
1: A,B,E
2: C
3: B
4: B
Please don't post false answers on here
1: A,B,E
2: C
3: B
4: B
is 100% right
1: A,B,E
2: C
3: B
4: B
right right right :-)
Hailhydra is 100% right
1, A, B, E
2. C
3. B
4. B
I took the quiz and got 100%
2. B - no
3. A - no
4.B - no