Search Header Logo

Economics Vocabulary

Authored by Jennifer Trice

Social Studies

8th Grade

CCSS covered

Used 5+ times

Economics Vocabulary
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number of consumers who want and able to buy a good or service.

demand

supply

opportunity cost

entrepreneur

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is needed to make goods and provide services

productive resources

supply and demand

consumer

entrepreneur

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Items for sale that can be touched.

goods

services

demand

profit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

talents and skills of human beings

labor

land

capital

entrepreneur

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

material from Earth needed to make goods and services

land

labor

capital

entrepreneur

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things that people must have in order to survive

needs

wants

opportunity cost

scarcity

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the value of the second-best choice that is given up when a decision is made

opportunity cost

producer

profit

scarcity

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?