Introduction to Economics
Authored by Dawn Jester
Geography
5th - 6th Grade
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tangible things that people buy are called
services
supply
goods
costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a consumer?
a person who takes things
a person who purchases goods and services for personal use
a person who takes good away
the economic factors affecting the price, demand, and availability of a commodity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a producer?
a person who gives goods away
things people would like to have
the exchanged of goods and services without the use of money
a person, company, or country that makes grows, or supplies goods for sale
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A farmer is an example of what type of resource?
Natural
Human
Capital
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Basic things humans need to survive
want
import
needs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Extras that make life more enjoyable
need
want
savings
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Not enough of something
demand
supply
scarcity
surplus
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