Economics
Authored by Heidi Smith
Social Studies
4th Grade
Used 31+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____________________is the study of how goods and services are produced or provided.
Economics
Supply
Demand
Goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _____________________is a person or company that provides goods and services
economics
goods
producer
services
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_________________ buy goods and services.
Finances
Goods
Producers
Consumers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money left over after producers have paid for their resources would be ____________.
needs
profit
services
wants
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Natural resources include resources such as wind, water, natural vegetation, solar energy, and animals. These resources exist in nature in abundance.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______________________are the people who are hired to do the work.
Wants
Capital gains
Natural resources
Human resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____________________are the buildings, machines, tools, and money businesses use to produce their goods and services.
Capital resources
Wants
Needs
Human resources
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