
E OBJ 4.05 Vocab
Authored by Andrea Cooper
Business
9th - 12th Grade
Used 20+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capital goods
Manufactured or constructed items that are used to produce goods and services
People who work to produce goods and services
Items that are found in nature and used to produce goods and services
Determining how products will be produced and in what amounts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Human resources
People who work to produce goods and services
Items that are found in nature and used to produce goods and services
The goods and services produced as the result of combining inputs
Determining how products will be produced and in what amounts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inputs
The specific economic resources used in producing goods and services
Items that are found in nature and used to produce goods and services
The goods and services produced as the result of combining inputs
Determining how products will be produced and in what amounts
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Intangible
Having no physical presence
Items that are found in nature and used to produce goods and services
Determining how products will be produced and in what amounts
Capable of being touched, smelled, tasted, seen, or heard
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Natural resources
Items that are found in nature and used to produce goods and services
People who work to produce goods and services
Having no physical presence
Determining how products will be produced and in what amounts
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Outputs
Determining how products will be produced and in what amounts
The goods and services produced as the result of combining inputs
The way in which production is carried out
Capable of being touched, smelled, tasted, seen, or heard
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Production
The creation of goods and services from economic resources
Determining how products will be produced and in what amounts
The way in which production is carried out
Capable of being touched, smelled, tasted, seen, or heard
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