Search Header Logo

Economics Vocab

Authored by Emma Mongelluzzi

History

7th Grade

Economics Vocab
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics

The study of the production, distribution and use of goods and services

Anything that can be grown or manufactured

An action a person does for someone else in exchange for money or value

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods

Anything that can be grown or manufactured

An action a person does for someone else in exchange for money or value

A product brought into a country to be sold there

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Services

someone who offers goods and services

an action someone does for someone else in exchange for money or value

a person who buys a good or service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Producer

a product brought into anther country to be sold there

A good or service sent to another country for sale

Someone who creates or offers a good or service

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumer

an exchange of goods or service

a person who buys a good or service

The amount of a product that a producer is willing and able to sell at a specified price

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Import

a product brought out of a country to be sold in other places

a product brought into a country to be sold there

an exchange of goods or services

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?