Yr 7 Econs Revision

Which is not a need?

• Food

• Water

• New iPhone

• Shelter

What are 'needs'

• Things that are essential for life

• Things that make our life more comfortable

• Things we can survive without

• Non essential goods and services

What is a 'good'

• Teacher

• Doctor

• Motorbike

• Dentist

Which business provides a service?

• Woolworths

• Beauticians

• Big W

• Best and Less

Which of the following are 'wants'

• Pepsi

• Water

• Chocolate

• Shelter

Why were plastic bags banned?

• They cost too much to produce

• They can't be imported anymore

• Because they cause environmental issues

• Because politicians want more votes

If someone works 'part time', how many hours do they work each week?

• At least 40

• At least 60

• Less than 35

• 10 hours

If someone has an arrangement to work for an employer for a set amount of time on a particular task they are doing...

• Contract work

• Part time work

• Casual work

• Full time work

If you are unemployed then...

• You don't have any work at the moment

• You work long hours and don't get to see your family

• You work part time hours

• You are an employee

What is the meaning of this definition: a balance between working time and leisure/recreation

• See saw

• Balancing act

• Work balance

• Work-life balance