
Economic Vocabulary
Authored by Erin Brown
Geography
7th Grade
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Items that can be sold or possessed
Benefits
Costs
Goods
Services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who purchases goods and services
Supplier
Benefit
Producer
Consumer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Relating to the production, distribution, and use of goods and services
Political
Supply
Economic
Benefit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A useful activity or system for supplying something useful that you can’t hold in your hand
Goods
Services
Economy
Benefits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount the producers are willing/able to make
Supply
demand
cost
benefit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An advantage or profit gained from something
Supply
demand
cost
benefit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that are required for you to live and function
Needs
wants
goods
services
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