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Froggy Jumps
Froggy Jumps

Economic Essentials Quiz

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Economic Essentials Quiz

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About this activity

Test your understanding of basic economics.

Created by

Galang, Kristell Anne T.
Galang, Kristell Anne T.
Philippines

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Economic Essentials Quiz
 

Froggy Jumps

Economic Essentials QuizOnline version

Test your understanding of basic economics.

by Galang, Kristell Anne T.
1

Which term refers to the condition where resources are limited but human wants are unlimited?

2

What is the study of how individuals and societies use limited resources to satisfy unlimited wants?

3

Which sector of the economy includes farming, fishing, and forestry?

4

The recent rise in rice prices in the Philippines is an example of which economic issue?

5

When workers lose jobs due to automation and AI, what economic problem is shown?

6

"Build Better More" program aims to improve which economic factor?

7

When oil prices rise globally due to conflicts in the Middle East, what usually happens in the Philippines?

8

Which of the following best shows the concept of opportunity cost?

9

If the government distributes subsidies to farmers, what is its goal?

10

Which statement best explains why climate change affects the economy?

 
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