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Economics Chapter 1

Authored by undefined Cisneros

Social Studies

12th Grade

Used 585+ times

Economics Chapter 1
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20 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Tools we use to make products

capital resources
human resources

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A person who buys goods and services

consumer

entrepreneur

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The making, buying and selling of goods and services

economics
inflation

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Something we pay for that we can touch

goods
services

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The place where goods and services are exchanged

currency
market

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a need?

Something that is required for survival

Something you would like to have

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a want?

A person
Something you would like to have but don't need to live
Something you need to live

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