
Economics
Authored by Tammy Spratt
5th - 8th Grade
Used 14+ times

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45 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is a person who uses goods and services called?
economics
producer
consumer
scarcity
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which item is NOT a good or a service?
pants
garbage
pencil
potatoes
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What are things made and grown called?
services
capital
goods
consumers
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is it called when you exchange goods and services without money?
profits
barter
resources
land
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What do people do to encourage or use the power of persuasion to get consumers to buy a good or a service?
service
advertise
economics
entrepreneur
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is the next best thing that is given up when you make a choice?
opportunity cost
consumer
best choice
profit
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When a person or a group of people use their money to make, buy, or sell goods and services; it is known as a ____
economics
profit
scarcity
business
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