Economics
Flashcard
•
8th Grade
•
Practice Problem
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a service?
Back
Something you do for another person
2.
FLASHCARD QUESTION
Front
The study of resources such as money, materials, and labor
Back
economics
3.
FLASHCARD QUESTION
Front
What is a need?
Back
Something you have to have to live
4.
FLASHCARD QUESTION
Front
What is a good? Options: A need, A baseball game, Things people do for money, Things that people make or grow
Back
Things that people make or grow
5.
FLASHCARD QUESTION
Front
What is a want?
Back
Something you would like to have but don't need to live
6.
FLASHCARD QUESTION
Front
A person who uses and buys goods and services
Back
consumer
7.
FLASHCARD QUESTION
Front
A person who makes goods or provides a service
Back
producer
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