Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define goods and services.
💡 Hint: Think about what you can touch versus what someone does for you.
Question 2
Easy
What is scarcity?
💡 Hint: Consider how much you want versus what you can have.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does scarcity create in an economy?
- Unlimited resources
- The need for choices
- More goods than services
💡 Hint: Think about why choices are necessary.
Question 2
True or False: All individuals in society have unlimited resources.
- True
- False
💡 Hint: Consider the balance between wants and available resources.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Imagine you are a government official tasked with allocating a limited budget. You can either invest in education or military. Discuss the opportunity costs of choosing one over the other and how it could affect long-term societal welfare.
💡 Hint: Consider the long-term effects of each choice.
Question 2
Analyze a real-life scenario where a local business must choose between hiring more staff or investing in new machinery. What are the opportunity costs of their decision?
💡 Hint: Reflect on how businesses prioritize between labor and capital.
Challenge and get performance evaluation