
Business Essentials Vocab Practice (2.02)
Authored by Nina Southern
Business
9th - 12th Grade
Used 4+ times

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61 questions
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1.
REORDER QUESTION
1 min • 1 pt
Reorder the following by defining consumer.
uses
and
services
anyone who
goods
2.
REORDER QUESTION
1 min • 1 pt
Reorder the following by defining economic activities.
exchange,
and distribution
consumption,
production,
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Capital Goods are _____________ or constructed items that are used to produce goods and services.
4.
MATCH QUESTION
1 min • 1 pt
A desire for something that may or may not be required
Economics
Desires for items that can only be obtained by spending money
Want
The study of how to meet unlimited, competing wants with limited resources
Economic Wants
A desire for something that can be satisfied without spending money
Noneconomic Wants
Manufactured or constructed items that are used to produce goods and services
Capital Goods
5.
REORDER QUESTION
1 min • 1 pt
Reorder the following by defining decision-making.
among
choosing
alternatives
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Consumption is the process or activity of using goods and ___________.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____________ the process or activity by which income is divided among resource owners and producers.
Economizing
Distribution
Scarcity
Services
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