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Economics Review

Authored by Blair Hubbard

Social Studies

5th Grade

Used 18+ times

Economics Review
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19 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What are people that take risks to create new products or start businesses?

consumer

entrepreneur

good

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What are the thing people buy, use, and you can touch?

good

service

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is an activity that someone does for you?

good

service

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

________________ is the management of resources for a community or country.

services

economy

goods

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

People who buy and use goods and services are called.......

consumers

producers

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

People who use resources to make goods and services are called......

consumers

producers

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Income is.......

the money you borrow from the bank

the money people pay

the money people receive for their services

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