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Unit 9 - Economics

Authored by Kevin Paulson

Life Skills, Social Studies, History

7th - 12th Grade

Used 10+ times

Unit 9 - Economics
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31 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Economy

The things being exchanged in a transaction

The study of economies

A measurement of a society’s transactions and their impact on its people

the exchange of goods and services with other goods and services OR money

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Economics

The things being exchanged in a transaction

The study of economies

A measurement of a society’s transactions and their impact on its people

the exchange of goods and services with other goods and services OR money

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Transaction

The things being exchanged in a transaction

The study of economies

A measurement of a society’s transactions and their impact on its people

the exchange of goods and services with other goods and services OR money

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Goods & Services

The things being exchanged in a transaction

The study of economies

A measurement of a society’s transactions and their impact on its people

the exchange of goods and services with other goods and services OR money

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Market

the work done to produce goods and services

form of currency used to make transactions for/in place of goods & services

anywhere transactions take place

the resources needed produce goods and services

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Labor

the work done to produce goods and services

form of currency used to make transactions for/in place of goods & services

anywhere transactions take place

the resources needed produce goods and services

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Means of Production

the work done to produce goods and services

form of currency used to make transactions for/in place of goods & services

anywhere transactions take place

the resources needed produce goods and services

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