3rd Grade Economics Vocabulary Review
Authored by Maria Williams
Social Studies
3rd Grade
Used 48+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A person who buys a product or a service.
Good
Want
Producer
Consumer
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The amount of goods available
Producer
Scarcity
Demand
Supply
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Things that you may like, but you don’t need to survive.
Wants
Needs
Goods
Services
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Products made or grown.
Wants
Needs
Goods
Services
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
How badly a person wants a good or a service.
Supply
Demand
Producer
Consumer
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Work someone does for someone else.
Service
Good
Producer
Consumer
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Things that you must have to survive.
Supply
Goods
Wants
Needs
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