Economics - VA SOL Vocabulary
Authored by Katharine Price
Social Studies
3rd Grade
Used 349+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is needed to produce goods and services?
Money
Economics
Resources
Opportunity Cost
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are the 3 types of resources?
Human
Economic
Capital
Natural
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a good?
Something someone does for another person
Something you really want
Something you need to live
Something someone makes with resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a service?
Something someone does for another person
Something you really want
Something you need to live
Something someone makes with resources
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which are examples of human resources?
Windmill
Farmer
Construction Worker
Hammer
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which are examples of natural resources?
Water
Wind
Soil
Coal
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which are examples of capital resources?
Teacher
Computers
Tools
Buildings
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