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Intro to Economics Vocab

Intro to Economics Vocab

Assessment

Flashcard

Social Studies

5th - 7th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Study of how people make and spend money through buying and selling goods/services.

Back

economics

2.

FLASHCARD QUESTION

Front

Products that people buy and sell

Back

goods

3.

FLASHCARD QUESTION

Front

Action or work provided to help someone

Back

service

4.

FLASHCARD QUESTION

Front

Resources needed for goods and services: three types.

Back

Productive resources

5.

FLASHCARD QUESTION

Front

Things in nature used to create goods

Back

Natural resources

6.

FLASHCARD QUESTION

Front

People working to earn money by producing goods and services

Back

human resources

7.

FLASHCARD QUESTION

Front

Products used to create other resources

Back

capital resources

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Google

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Email

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Classlink

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Clever

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Microsoft

Microsoft

Apple

Apple

Others

Others

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