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Economics

Authored by Jennifer Greer

6th Grade

24 Questions

Used 7+ times

Economics
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the study of how people meet their wants and needs

economics

geology

geography

biology

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the amount of a good or service that is available for use

incentive

market

supply

demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

having a limited quantity of resources to meet unlimited needs

competition

inflation

profit

scarcity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

people or businesses that make and sell products

producers

consumers

imports

exports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

people that buy, or consume, products

producers

consumers

market

imports

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the cost of what you have to give up

supply

demand

opportunity cost

trade barrier

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the desire for a certain good or service

supply

scarcity

profit

demand

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