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1.6 Economics

Authored by KJ ROMICK

Social Studies

6th Grade

Used 13+ times

1.6 Economics
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Study of how people meet their wants and needs

Anthropology

Economics

Geography

Demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost of what you have to give up

Supply

Trade-off

Opportunity cost

comparative trade

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Desire for a certain good or service

Scarcity

supply

demand

production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ability to produce a good or service

Demand

Output

Producer

Supply

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People or businesses that make and sell goods and services

consumers

supplier

producers

service industry

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People or businesses that buy goods or services

producers

supplier

consumer

user

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lowest acceptable level; least amount

maximum

minimum

most

excess

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