Economics Vocabulary Test

What is a good?

• things people make or grow

• work a person does for someone else

• people who make goods and services

• people who buy goods and services

What are services?

• things people make or grow

• work a person does for someone else

• people who make goods and services

• people who buy goods and services

What is a producer?

• the study of using money to buy goods and services

• people who buys goods and services

• work a person does for someone else

• people who make goods and services

What are consumers?

• things people make or grow

• work a person does for someone else

• people who buy goods and services

• the study of using money to buy goods and services

What is economics?

• the study of plants

• the study of animals

• the study of using money to buy goods and services

• the study of adaptations