
Chapter 5 Review - The U.S. Economic System
Authored by Julianne Hogan
Life Skills, Education, Business
9th - 12th Grade
Used 14+ times

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1.
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1 min • 1 pt
the social science that examines how societies use scarce resources to produce and distribute goods and services that satisfy peoples' wants and needs.
2.
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1 min • 1 pt
Items we buy (shoes, pizza)
3.
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1 min • 1 pt
Provided by others (transportation, haircuts)
4.
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1 min • 1 pt
Things we need to live (food, basic clothing, shelter)
5.
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1 min • 1 pt
Not necessary, but desired (computer, latest Fashions)
6.
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1 min • 1 pt
Specialist in the field of economics
7.
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1 min • 1 pt
Economics on a national and global scale, decisions mad by government.
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