Scarcity Quiz 13 (8 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. In many undeveloped countries, the burden of managing the household water supply typically falls upon whom?

Correct Answer: D) Females.

2. What are the three factors of production?

Correct Answer: B) Natural, human, and capital resources.

3. Which word means there is not enough of something?

Correct Answer: A) Scarcity.

4. ..... is the number of people who want or need something.

Correct Answer: A) Demand.

5. The main cause of economic problem is

Correct Answer: B) Scarcity of resources.

6. Any object you can buy to satisfy a want

Correct Answer: C) Good.

7. Occurs when the demand for water exceeds the available amount during a certain period or when poor quality restricts its use.

Correct Answer: C) Water stress.

8. Which type of reason for economic growth is promoted through training on how to work more efficiently on the assembly line?

Correct Answer: C) Productivity.