Economics Vocabuary
Authored by Allie Fisher
Social Studies
3rd Grade
Used 5+ times
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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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