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Economics Vocabuary

Authored by Allie Fisher

Social Studies

3rd Grade

Used 5+ times

Economics Vocabuary
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22 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The system of producing and consuming goods and services.

goods

economics

services

export

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resources found in nature.

capital goods

entrepreneur

natural resources

consumer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who work for the company.

human resources

economics

import

income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tools used to make other goods or services.

export

import

capital goods

profit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who produces goods in order to make a profit; a risk taker.

entrepreneur

consumer

supply

demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that are made or things that someone buys.

human resources

goods

scarcity

taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something one person does for another person.

goods

export

services

transportation

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