Resources study quiz

The exchange of goods and services without the use of money is known as

• talking

• exchange

• scarcity

• barter

Coins, bills, checks, etc. to purchase items is known as

• money

• credit

• sticks

• barter

A consumer is.....

• someone who eats too much.

• someone who watches too much tv,

• a person who uses goods and services.

• goods made by people and used to produce other goods and services.

Which is an example of a natural resource?

• hammer

• barber that cuts hair

• wood log

• cashier

Which is an example of a producer?

• Person who eats a cake they bought.

• Person who made a cake.

Which is an example of a consumer?

• Person who eats a cake they bought.

• Person who made a cake.

People working to produce goods and services are known as what kind of resources?

• Capital Resources

• Natural Resources

• Human Resources

Goods made by people and used to produce other goods and services are known as what kind of resources?

• Capital Resources

• Natural Resources

• Human Resources

Materials that come directly from nature are known as what kind of resources?

• Capital Resources

• Natural Resources

• Human Resources

If I am not able to meet all wants at the same time because resources are limited, the word that describes me is.....

• barter

• economic choice

• scarcity

• resourceful