Allocation of Goods and Services

Allocation of Goods and Services

Assessment

Flashcard

Social Studies

2nd Grade

Hard

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8 questions

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1.

FLASHCARD QUESTION

Front

People who can afford to pay the cost will receive the good or service

Back

price

2.

FLASHCARD QUESTION

Front

The winners name is chosen. Their name or number might be pulled out of a hat.

Back

lottery

3.

FLASHCARD QUESTION

Front

Goods and services are sold or provided until they run out. The first people to arrive are the people who get them.

Back

First-come, first-served

4.

FLASHCARD QUESTION

Front

Goods and services are provided to people who meet certain qualifications such as having red hair or brown eyes.

Back

Personal Characteristics

5.

FLASHCARD QUESTION

Front

A competition is held where the winner will get the goods or services.

Back

Contest

6.

FLASHCARD QUESTION

Front

What is the principle that states the group with the largest number of votes will win? Example: more people voted for Chick-fil-A than McDonald's.

Back

Majority Rule

7.

FLASHCARD QUESTION

Front

Goods and services are shared with others.

Back

Sharing

8.

FLASHCARD QUESTION

Front

The goods or services are taken by someone who has not earned them.

Back

Force