
Economics Exam
Flashcard
•
Special Education
•
9th Grade
•
Hard
Brooke Brockschmidt
FREE Resource
Student preview

50 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Term for: Something people must have to survive, like air, food, and shelter.
Back
Need
2.
FLASHCARD QUESTION
Front
Term for: Something people would like to have but are not needed to survive?
Back
Want
3.
FLASHCARD QUESTION
Front
Limited amounts of resources to meet unlimited desires
Back
Scarcity
4.
FLASHCARD QUESTION
Front
Objects like cars and clothes
Back
Goods
5.
FLASHCARD QUESTION
Front
Actions people do for others
Back
Services
6.
FLASHCARD QUESTION
Front
Term for: Occurs when a good or service is unavailable?
Back
Shortage
7.
FLASHCARD QUESTION
Front
Resources used to make goods and services
Back
Factors of production
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