Economics

Economics

Assessment

Flashcard

Social Studies

4th Grade

Hard

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18 questions

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1.

FLASHCARD QUESTION

Front

Workers are paid ______________________ for the work they do.

Back

wages

2.

FLASHCARD QUESTION

Front

____________________ is a term used to describe a very low supply.

Back

Scarcity

3.

FLASHCARD QUESTION

Front

A form of trade in which goods are services are traded for something other than money is called _________________________.

Back

bartering

4.

FLASHCARD QUESTION

Front

A ______________________ is someone who makes or sells a product.

Back

producer

5.

FLASHCARD QUESTION

Front

A ______________________ is someone who buys a good or service.

Back

consumer

6.

FLASHCARD QUESTION

Front

The amount of money that is left after all of the overhead has been paid is known as the ________________________.

Back

profit

7.

FLASHCARD QUESTION

Front

To ______________________ means to buy goods and services from sellers in other countries.

Back

import

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