Economics Vocabulary Review
Authored by Leigh Ann Jones
Social Studies
3rd - 4th Grade
Used 228+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that a person plans to achieve in the future
goals
savings
wants
choices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that people would like to have
needs
plan
wants
opportunity cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that are favorable to the decision-maker
services
cost
wants
benefits
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Work that someone does for someone else
goods
services
choices
income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Decisions that are made or courses of action taken
choices
services
budget
spending
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plan for managing income, saving and spending
benefits
needs
services
budget
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that are unfavorable to the decision-maker
costs
benefits
allowance
goods
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