Economics
Flashcard
•
Social Studies
•
3rd Grade
•
Practice Problem
•
Easy
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19 questions
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1.
FLASHCARD QUESTION
Front
Who is a person who buys a good or service?
Back
consumer
2.
FLASHCARD QUESTION
Front
What are things people make?
Back
goods
3.
FLASHCARD QUESTION
Front
What are things people like to have but do not need?
Back
wants
4.
FLASHCARD QUESTION
Front
Who is a person that makes goods?
Back
producer
5.
FLASHCARD QUESTION
Front
The amount of goods offered for sale by a business?
Back
supply
6.
FLASHCARD QUESTION
Front
What is a large supply of an item?
Back
surplus
7.
FLASHCARD QUESTION
Front
What is a shortage or lack of supply of an item?
Back
scarcity
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