Econ Vocab 1

Quiz
•
Social Studies
•
5th Grade
•
Medium
ANGELA HEMMERT
Used 17+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What kind of science is economics?
Social
Practical
Actuarial
Physical
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is economics not concerned with?
Production
Consumption
Distribution
Introduction
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the government provide goods and services?
Coupons
Vibes
Tax Money
Monopoly Money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes the structure and conditions of economic life?
Ecology
Economy
Eldorado
Ergonomics
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who makes decisions in a market economy?
People and Animals
Businesses and Presidents
Government Officials
People and Businesses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trade is the _______ and _________ of goods and services?
paying and lending
buying and selling
selling and burying
Paying and Buying
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is it called when people and countries make the best goods with the resources they have?
Special Savings
Special Sundays
Specialization
Specifications
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