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Economics

Authored by Mindy Morgan

Social Studies

4th - 5th Grade

Used 38+ times

Economics
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of making, harvesting, or creating something?

Production

Consumption

Distribution

Natural Resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ is when people use a specific good or service?

Production

Consumption

Distribution

Economist

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of doing something for someone else is called?

Service

Natural Resource

Economics

Production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something useful, merchandise

Service

Production

Good

Natural Resource

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person that sees a need and comes up with a plan to produce something and sell it to companies so they can make money is called an ______________________?

Producer

Economist

Entrepreneur

Natural Resource

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a capital resource?

Man-made tools and equipment used to make a product

Water, Trees, Coal, Soil

People that use a good or service

A person that invents something to solve a problem

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does an economist do?

Someone who studies plants and animals

Someone who studies the government

Someone who studies the production and distribution of goods and resources.

Some one who creates art

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