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Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson.

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Presentation on theme: "Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson."— Presentation transcript:

1 Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

2 $100 Resources that replace themselves are known as ____. B - natural resources A - capital resources C - human resources D - entrepreneurship B - natural resources

3 $200 Resources that cannot be replaced or renewed B - factors of production A - nonrenewable resource C - scarcity D - labor a - nonrenewable resource

4 $500 The set of rules by which a nation decides how to distribute its resources to satisy its peoples wants B - scarcity A - entrepreneurship C - economic system D - natural resources C - economic system

5 $1,000 Another term for human resources is also known as B - factors of production A - labor C - economic system D - economic scarcity A - labor

6 $2,000 People who contribute to physical and mental energy to the production process; also called labor B - economic scarcity A - juxtaposed analysis C - factors of production D - human resources

7 $4,000 Buildings, production managers, steel, and oil are examples of ____. B - population growth A - Circular Flow Model C - economic resources D - distribution C - economic resources

8 $8,000 Trees, water, oil, and fish are all examples of ____. B - natural resources A - population growth C - nonrenewable resources D - human resources B - natural resources

9 $16,000 Doctors, artists, teachers, principals, nurses and bus drivers are examples of _____. B - entrepreneurship A - human resources C - capital resources D - renewable resources A - human resources

10 $32,000 A person who starts a new business, introduces new products, or improves management strategies is a person who has ____. B - entrepreneurship A - population growth C - natural resources D - scarcity of capital B - entrepreneurship

11 $64,000 Strictly speaking, money is not a ___. B - capital resource A - human resource C - natural resource D - distribution resource B - capital resource

12 $125,000 People who earn money that enables them to be consumers of products. This is an example of ____. B - entrepreneurship A - population growth C - renewable resources D - Circular Flow Model

13 $250,000 The third basic decision in determining a societys economic system concerns the ___ of goods and services. B - production A - distribution C - manufacturing process D - packaging A - distribution

14 $500,000 The natural resource listed to manufacture an automobile is ___. B - dairy cattle A - cotton C - gold D - iron ore

15 $1,000,000 A construction worker is classified as a ____. B - capital resource A - natural resource C - renewable resource D - none of the above

16 Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!


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