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Economics

Authored by Gail Burchfield

Social Studies

3rd - 5th Grade

30 Questions

Used 24+ times

Economics
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ are things that people make or use to satisfy their needs and wants.

Goods

Services

Producers

Consumers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________________ are people who use services or buy goods.

Producers

Resources

Pretty

Consumers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term used when there is not enough of something to go around is __________________.

scarcity

economic choices

resources

opportunity cost

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Basic things humans need to survive

need

want

import

demand

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Extras that make life more enjoyable

want

need

producer

savings

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

how much of a good or service consumers want

demand

spending

producer

scarcity

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The amount available

supply

demand

import

natural resource

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