Economics Vocabulary

Economics Vocabulary

6th Grade

11 Qs

quiz-placeholder

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Economics Vocabulary

Economics Vocabulary

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Stephanie Navarrete

Used 13+ times

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11 questions

Show all answers

1.

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Basic things humans need to survive

want

import

need

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

not being able to meet all wants at the same time

demand

supply

scarcity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Actions that people do for others

goods

services

supply

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a need?

Something you would like to have but will be okay without it

Something you truly can't live without

None of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a want?

Something you would like too have but will be okay without it.

Something you truly can't live without.

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which is Starbucks?

Need

Want

Both

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Google

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Microsoft

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Apple

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