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  • I. Choose The Based Answer Among The Given Alternatives /1 PT Each

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    Elliot James
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    Scarcity occurs when supply meets consumer wants. Consumption patterns are unrelated to saving. Dependency cannot be justified. Poverty is indicated by illiteracy and inadequate social services, not by an inability to satisfy basic needs or lack of self-esteem. A decision is made after considering multiple options. The economic question of distribution concerns for whom goods are produced. Truthful people are not necessarily distrusted by others. Globalization best explains the rapid flow of information, finance, technology, and humans across borders. Command economies may create monopolies but do not ensure consumer satisfaction or competition.

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    example quiz for high school students.

    Original Title

    civics

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    Scarcity occurs when supply meets consumer wants. Consumption patterns are unrelated to saving. Dependency cannot be justified. Poverty is indicated by illiteracy and inadequate social services, not by an inability to satisfy basic needs or lack of self-esteem. A decision is made after considering multiple options. The economic question of distribution concerns for whom goods are produced. Truthful people are not necessarily distrusted by others. Globalization best explains the rapid flow of information, finance, technology, and humans across borders. Command economies may create monopolies but do not ensure consumer satisfaction or competition.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    11 views2 pages

    I. Choose The Based Answer Among The Given Alternatives /1 PT Each

    Uploaded by

    Elliot James
    Scarcity occurs when supply meets consumer wants. Consumption patterns are unrelated to saving. Dependency cannot be justified. Poverty is indicated by illiteracy and inadequate social services, not by an inability to satisfy basic needs or lack of self-esteem. A decision is made after considering multiple options. The economic question of distribution concerns for whom goods are produced. Truthful people are not necessarily distrusted by others. Globalization best explains the rapid flow of information, finance, technology, and humans across borders. Command economies may create monopolies but do not ensure consumer satisfaction or competition.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    1.

    Scarcity occurs when the supply of resources is large enough to meet consumer’s
    wants.
    2. Consumption pattern has nothing to do with saving.
    3. There are no moments that justify dependency.
    I. Choose the based answer among the given alternatives /1 pt each/
    4. Which one of the following is true about poverty
    A. It is indicated by prevalence of illiteracy and inadequate social service
    B. It is the ability of satisfying the basic needs
    C. It has no impact on personal esteem and self confidence
    D. It promotes democracy
    5. ---------------- is a choice that you made after thinking about several possibilities
    A. Work B. Decision C. Saving D. Civility
    6. Which economic question tarks about distribution?
    A. What to produce C. for whom to produce
    B. How to produce D. None
    7. Which of the following is not true
    A. Truthfulness is the habit of telling the truth
    B. Telling lie could result social isolation
    C. Promoting falsehood is unethical approach
    D. Truthful people lack trust by others
    8. Which of the following best explains the rapid flow of information finance
    technology and humans across the world?
    A. Nationalism C. Localization
    B. Globalization D. Regionalization
    9. Which one of the following is among the advantages of command economic
    system?
    A. Decentralized decision making
    B. High degree of consumer satisfaction
    C. Create the ground for competition D. None
    10. ----------- refers love, devotion and pride in ones mother land
    A. Patriotism B. Terrorism C. Tolerance D corruption
    11. According to the FDRE constitution a person born from Ethiopian parents gets
    Ethiopian citizenship irrespective of where he/ she born. This refers to
    A. Citizenship by blood C. Citizenship by naturalization
    B. “ “ place D. Dual Citizenship
    12. The role of civic societies includes, except
    A. Lobby the Government C. curving poverty
    B. Involve in politics D. All except “B”
    13. Which one is different from others?
    A. Contacting public officials C. Participating in voluntary activities
    B. Attending political Meetings D. Financing political parties
    14. An excessive reliance on others is known as ---------------
    A. Independence C. Dependency
    B. Dependability D. self reliance
    15. ----------- is showing lack of interest in voting
    A. Voter Apathy C. Voluntary Voting
    B. Compulsory Voting D Election

    16. What to produce and for whom to produce in a country is determined by


    A. Economic system C. Social System
    B. Legal System D. Political System

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