Jeopardy Template

1
Chaps 1 2
2
Topic 1 Topic 2 Topic 3 Topic 4 Topic 5
10 10 10 10 10
20 20 20 20 20
30 30 30 30 30
40 40 40 40 40
50 50 50 50 50
3
Question 1 - 10

• The picture is which factor of production?

4
Answer 1 10

• What is capital?

5
Question 1 - 20

• The picture is which Factor of Production?

6
Answer 1 20

• What is land? (natural resources)

7
Question 1 - 30

• The picture is which factor of production?

8
Answer 1 30

• What is labor (human resources)?

9
Question 1 - 40

• The picture is which Factor of Production?

10
Answer 1 40

• What is Entrepreneurship

11
Question 1 - 50

• The picture is which Factor of Production?

12
Answer 1 50

• What is capital

13
Question 2 - 10

• Land, labor, capital and entrepreneurship are .
  . . . .

14
Answer 2 10

• What is
• FACTORS OF PRODUCTION

15
Question 2 - 20

• The term for the value of the next best
  alternative that has to be given up for the
  action that is chosen

16
Answer 2 20

• What is
• OPPORTUNITY COST

17
Question 2 - 30

• The basic problem of economics.. .

18
Answer 2 30

• SCARCITY
• LIMITED RESOURCES/UNLIMITED WANTS

19
Question 2 - 40

• Which economic system is the easiest to start
  your own business?

20
Answer 2 40

• WHAT IS
• MARKET SYSTEM

21
Question 2 - 50

• The French term for pure capitalism

22
Answer 2 50

• What is
• laizze faire?

23
Question 3 - 10

• If I produce 30 widgets or 50 widgets on my job,
  I will be paid the same. The market system. . .

24
Answer 3 10

• What is the Command System?

25
Question 3 - 20

• I will work the sheep herd that my parents have
  been working. I will learn the skills needed
  from my parents. The economic system is . . .

26
Answer 3 20

• What is the
• TRADITIONAL ECONOMIC SYSTEM

27
Question 3 - 30

• Workers and businesses face uncertainty as a
  result of competition and change but production
  is a large variety of goods and services because
  there will be no (or very little) government
  interference.
• The economic system is . . .

28
Answer 3 30

• What is the MARKET SYSTEM?

29
Question 3 - 40

• Another term for a capitalism system. . .

30
Answer 3 40

• What is the
• MARKET SYSTEM?

31
Question 3 - 50

• Good/Service/Both?

32
Answer 3 50

• What is
• BOTH?

33
Question 4 - 10

• Good/Service/Both?

34
Answer 4 10

• What is
• Goods?

35
Question 4 - 20

• Good/Service/Both?

36
Answer 4 20

• What is
• SERVICE?

37
Question 4 - 30

• This occurs when demand exceeds supply. It
  happens more short term and is only temporary.

38
Answer 4 30

• What is
• SHORTAGE?

39
Question 4 - 40

• This deals with behavior and decision making by
  small units such as individuals and firms.

40
Answer 4 40

• What is
• MICROECONOMICS?

41
Question 4 - 50
42
Answer 4 50
43
Question 5 - 10
44
Answer 5 10
45
Question 5 - 20
46
Answer 5 20
47
Question 5 - 30
48
Answer 5 30
49
Question 5 - 40
50
Answer 5 40
51
Question 5 - 50
52
Answer 5 50