Search Header Logo

Economic terms

Authored by Marcia Gibson

Social Studies

6th Grade

Used 37+ times

Economic terms
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

48 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a person who takes a risk to start a business?

Consumer
Entrepreneur 
Labor
Capital

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resources such as rivers, fish, trees and oil are called________________________.

human resources
capital resources
natural resources
goods

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

objects that can satisfy people's wants

goods

services

demand

supply

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

actions that can satisfy people's wants

services

goods

supply

demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the condition of not being able to have everything we want

scarcity

choice

demand

market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

quantity of goods available in the marketplace at any given time and at a given amount

supply

demand

market

price

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

amount of a good that buyers will buy at a specific time and at a specific price

demand

supply

choice

profit

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?