who wants to be an economic millionaire? hosted by johnnie anderson

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

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

Who wants Who wants to be an to be an

Economic Economic Millionaire?Millionaire?

Hosted by Hosted by Johnnie AndersonJohnnie Anderson

Page 2: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$100$100

Resources that replace themselves are known as ____.

B - natural resources

A - capital resources

C - human resources

D - entrepreneurship

B - natural resources

Page 3: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$200$200

Resources that cannot be replaced or renewed

B - factors of production

A - nonrenewable resource

C - scarcity

D - labor

a - nonrenewable resource

Page 4: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$500$500

The set of rules by which a nation decides how to distribute its resources to satisy its people’s wants

B - scarcity

A - entrepreneurship

C - economic system

D - natural resources

C - economic system

Page 5: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$1,000$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

Page 6: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$2,000$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 resourcesD - human resources

Page 7: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$4,000$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

Page 8: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$8,000$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

Page 9: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$16,000$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

Page 10: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$32,000$32,000A 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

Page 11: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$64,000$64,000

Strictly speaking, money is not a ___.

B - capital resource

A - human resource

C - natural resource

D - distribution resource

B - capital resource

Page 12: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$125,000$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 ModelD - Circular Flow Model

Page 13: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$250,000$250,000

The third basic decision in determining a society’s economic system concerns the ___ of goods and services.

B - production

A - distribution

C - manufacturing process

D - packaging

A - distribution

Page 14: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$500,000$500,000

The natural resource listed to manufacture an automobile is ___.

B - dairy cattle

A - cotton

C - gold

D - iron oreD - iron ore

Page 15: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

$1,000,000$1,000,000

A construction worker is classified as a ____.

B - capital resource

A - natural resource

C - renewable resource

D - none of the aboveD - none of the above

Page 16: Who wants to be an Economic Millionaire? Hosted by Johnnie Anderson

Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!