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SS Chapter 7 - Vocabulary

Authored by Jennifer Brown

Social Studies

3rd Grade

Used 43+ times

SS Chapter 7 - Vocabulary
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31 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what an item is worth to a person

abundance

opportunity cost

wants

value

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

when there is not enough of something to meet people's needs and wants

abundance

opportunity cost

scarcity

value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the value of the thing you give up when you choose one thing over another

opportunity cost

needs

wants

scarcity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things you must have to live

abundance

scarcity

needs

wants

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things you would like to have but do not need

wants

needs

abundance

scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a lot of something

abundance

scarcity

needs

wants

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

work that one person does for another

consumer

goods

services

profit

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