What is the best description of a household in the economy?
Four Sectors of Economy

Flashcard
•
Social Studies
•
5th Grade
•
Hard
Crystal Owens
FREE Resource
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20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
a house and all its occupants
2.
FLASHCARD QUESTION
Front
How do households create demand in the economy?
Back
individual preference
3.
FLASHCARD QUESTION
Front
What do households offer to the economy?
Back
Labor
4.
FLASHCARD QUESTION
Front
What do households trade for goods?
Back
money
5.
FLASHCARD QUESTION
Front
Which is the best example of a service?
Back
barber
6.
FLASHCARD QUESTION
Front
What is a house and its occupants called?
Back
household
7.
FLASHCARD QUESTION
Front
What is a person who purchases good for individual and household use?
Back
consumer
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