Economics Vocabulary
Authored by Crystal Hall
Social Studies
4th Grade
Used 19+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Deciding what goods and services to produce, how to produce them, how much to produce, and how to distribute them to people.
Economic Growth
Scarcity
Economic Decisions
Economic Decline
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Limited quantities of resources to meet unlimited wants
Scarcity
Economic Growth
Factors of Production
Financial Decision
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ability of the economy to increase the production of goods and services
Economic Decline
Budget
Income
Economic Growth
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
General slowdown, prices low
Factors of Production
Economic Decline
Scarcity
Economic Growth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Land, labor, and capital; the three groups of resources that are used to make all goods and services
Factors of Production
Financial Decision
Budget
Income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A decision about how to manage your money
Economic Decisions
Factors of Production
Economic Decline
Financial Decision
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Earnings from work or investment
Income
Economic Decline
Economic Growth
Factors of Production
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
