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Jeopardy

Jeopardy. Choose a category. You will be given the answer. You must give the correct question. Click to begin. Choose a point value. Choose a point value. Click here for Final Jeopardy. Supply & Demand. Resources. Market Systems. Economic Current Events. Potpourri I.

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Jeopardy

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  1. Jeopardy Choose a category. You will be given the answer. You must give the correct question. Click to begin.

  2. Choose a point value. Choose a point value. Click here for Final Jeopardy

  3. Supply & Demand Resources Market Systems Economic Current Events Potpourri I 10 Point 10 Point 10 Point 10 Point 10 Point 20 Points 20 Points 20 Points 20 Points 20 Points 30 Points 30 Points 30 Points 30 Points 30 Points 40 Points 40 Points 40 Points 40 Points 40 Points 50 Points 50 Points 50 Points 50 Points 50 Points

  4. The quantity of a resource, good or service available.

  5. What is supply?

  6. The quantity of a good or service that consumers are willing and able to buy at a given price during a specific period of time

  7. What is demand?

  8. As the price of a good increases, producers will offer more goods.

  9. What is the law of supply?

  10. Something you do not have and something you have to have.

  11. What is a want and a need?

  12. If the there is a shortage in the supply of Nitendo DSIs, the price will…..

  13. What is an increase in price?

  14. Trees, water, oil and fish are examples of…

  15. What is a natural resource?

  16. Doctors, teachers, electricians, and post-person are examples of…

  17. What are examples of human resources?

  18. Trucks, computers, and buildings are examples of …

  19. What are capital resources?

  20. The Silk Road was responsible for trading what resources other than silk and luxury items.

  21. What was cultural influences or ideas?

  22. The Industrial Revolution was responsible for increasing production of consumer goods. Which resource contributed most in this time period.

  23. What was human resources?

  24. An economy that does not change much over time.

  25. What is a traditional economy?

  26. An economy in which the government owns almost all the land and natural resources.

  27. What is a command economy?

  28. An economy in which people decide how to make and spend their own money.

  29. What is a market economy?

  30. When my friend and I exchange our lunches, that is an example of…

  31. What is the barter system?

  32. The most of the world’s developed countries have this type of economy.

  33. What is a mixed economy?

  34. A meeting of the eight wealthiest nations in the world.

  35. What was the G-8 Summit?

  36. The winner of the 2009 Nobel Peace Prize?

  37. Who is President Obama?

  38. The official currency of the European Union.

  39. What is the Euro?

  40. An act of giving or loaning capital to a company in order to save it from bankruptcy.

  41. What is a bailout?

  42. The stock market’s value dropped an historic % in 2008. Name one major reason for this.

  43. What is lack of regulation?

  44. As the price of a good decreases, people buy more

  45. What is the law of demand?

  46. To refuse to buy goods and services.

  47. What is a boycott?

  48. Countries are dependent on each other for some needs.

  49. What is interdependent?

  50. Term used to describe when there is not enough goods or services.

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