Econ and Me Vocabulary terms
Authored by Susan Johns
Social Studies
3rd - 5th Grade
Used 14+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money we earn.
scarcity
consumer
income
human resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who uses a good or a service.
production
consumer
interdependence
specialize
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To do a certain job.
opportunity cost
good
specialize
resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This happens when there is not enough of something you want.
production
service
good
scarcity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GOODS that are used to make other goods or to provide services.
capital resources
human resources
natural resources
interdependence
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The best thing you give up to get something else.
economic problem
service
limited resources
opportunity cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something people DO for other people.
good
service
scarcity
consumer
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