who wants to be an economic millionaire? hosted by johnnie anderson
TRANSCRIPT
Who wants Who wants to be an to be an
Economic Economic Millionaire?Millionaire?
Hosted by Hosted by Johnnie AndersonJohnnie Anderson
$100$100
Resources that replace themselves are known as ____.
B - natural resources
A - capital resources
C - human resources
D - entrepreneurship
B - natural resources
$200$200
Resources that cannot be replaced or renewed
B - factors of production
A - nonrenewable resource
C - scarcity
D - labor
a - nonrenewable resource
$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
$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
$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
$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
$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
$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
$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
$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
$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
$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
$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
$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
Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!Winner!