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Economics

Authored by L Hodges

Social Studies

6th - 7th Grade

Used 14+ times

Economics
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The situation in which unlimited wants exceed the limited resources available to fulfill those wants.

Market 
Tradeoff
Scarcity 
Equity 

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How much consumers want something

Demand

Barter

Consumer

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The amount of something available to customers

Consumer

Services

Supply

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are services?

Work that someone does for someone else
Items that are made or grown
Something that is not real
Something that is used to do work for someone else

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a consumer?

Someone who makes or grows goods or offers services
someone who makes products
Something that grows in nature
Someone who buys goods and services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The making, buying and selling of goods and services

economics
inflation
market
barter

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____________ are the products made in an economy. 

Goods
Services
Consumption

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