
Economic Terms
Authored by Michelle Holbrook
Geography
7th Grade
Used 8+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the way a country produces and distributes goods and services?
Economic System
Traditional Economy
Command Economy
Markety Economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A number line from 0 to 100 that tells us how command or market a country is.
Market Economy
Goods
Services
Continuum
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To make something for other people to buy.
Consume
Produce
Distribute
Services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To give something out
Distribute
Consume
Goods
Services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To buy a good or service.
Distribute
Consume
Goods
Services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything you pay for that you cannot physically touch
Example: Cell phone bill
Goods
Services
Produce
Consume
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something you can buy that you can physically touch.
Goods
Services
Consume
Produce
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