A useful material found in the environment
Economics Review
Flashcard
•
Social Studies
•
4th - 7th Grade
•
Hard
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16 questions
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1.
FLASHCARD QUESTION
Front
Back
Natural Resource
2.
FLASHCARD QUESTION
Front
A resource that Earth or people can replace is
Back
Renewable Resource
3.
FLASHCARD QUESTION
Front
A resource that can't be replaced in a short period of time
Back
Nonrenewable Resource
4.
FLASHCARD QUESTION
Front
The desire for a certain good or service
Back
Demand
5.
FLASHCARD QUESTION
Front
The amount of a good or service available
Back
Supply
6.
FLASHCARD QUESTION
Front
This occurs when the supply is low and the demand is high
Back
Scarcity
7.
FLASHCARD QUESTION
Front
If the demand is low, the price will be
Back
Low
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