Economics Assessment

Good are_______

• places to buy things

• places to visit

• things that people make or use

• people who help others

Which is an NOT an example of Capital Resources?

• tractor

• truck

• tools

• apples

What could happen if humans do not protect their natural resources?

• The animals would have more resources than the humans

• Humans would have more resources than the animals

• The world may not have enough natural resources.

• The world could have too many natural resources.

Men are hired to put a new roof on a house. They are providing a _________

• capital resource

• good

• natural resource

• service

Which one is NOT a service?

• teacher

• farmer

• shirt

• doctor

People working to produce good and services are called?

• natural resources

• human resources

• practical resources

• capital resources

Which is an example of a natural resource that would be on a farm?

• soil

• tractor

• rake

• farmer

Which would be an example of a capital resource found on a farm?

• soil

• water

• farmer

• tractor

Which is an example of bartering?

• A local restaurant charges $2.00 for a sandwich

• Jack exchanges a video game for a watch from his best friend

• A waiter collects a $3.00 tip from a customer

• Jason buys a candy bar for a $1 and receives change back

A person who uses resources to make goods or provides services is a?

• producer

• consumer

• spender

• saver