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Team 2
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Teams
Name
Score
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lifesaver
Give 25 points!
Oops!
×
seesaw
Swap points!
Okay!
×
shark
Other team loses 5 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
Name the four factors of production.
Land, Labour, Capital, Enterprise.
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Check
Okay!
Check
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monster
Reset all scores!
Oops!
×
rocket
Go to first place!
Okay!
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rocket
Go to first place!
Okay!
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baam
Lose 5 points!
Oops!
15
×
What is an economy?
A system that produces, buys, and sells goods and services
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Check
Okay!
Check
×
heart
Other team wins 20 points!
Oops!
×
rocket
Go to first place!
Okay!
×
shark
Other team loses 25 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
What type of economic system does Ireland have?
Mixed economy
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Check
15
×
What is the economic return for enterprise?
Profit
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Check
15
×
Give an example of land as a factor of production.
Forests / agricultural land / seas / minerals (any one).
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Check
15
×
What is the economic return for land?
Rent
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Check
15
×
What is the economic return for capital?
Interest
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15
×
What does capital include?
Machinery, vehicles, equipment, buildings, or money to run/start a business.
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15
×
What is the economic return for labour?
Wages
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Check
15
×
Give an example of labour.
Builders / factory workers / food scientists (any one).
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Check
Okay!
Check
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banana
Go to last place!
Oops!
×
star
Double points!
Okay!
×
shark
Other team loses 15 points!
Okay!
×
lifesaver
Give 5 points!
Oops!
15
×
What is opportunity cost?
The choice you give up when you choose another option.
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Check
15
×
Name one advantage of Ireland’s mixed economy.
Government can regulate prices / provide essential services / offer subsidies (any one).
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Check
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