Economics Multiple Choice Question – 10 April 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Economics

Which is the most accurate definition of the study of economics? Economics is the study of …….?

Select ONE answer:

  1. The distribution of surplus goods to those in need.
  2. Affluence in a morally bankrupt world.
  3. Ways to reduce wants to eliminate the problem of scarcity.
  4. The choices we make because of scarcity.

What is meant by creative destruction?……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Economics KS5 classes.

The answer is 4

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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