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Economics Vocabulary

Authored by Tonja Schoelwer 4th

Social Studies

4th Grade

Used 103+ times

Economics Vocabulary
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you give someone an item and they give you something

you want in exchange

Producer

Consumer

Trade

Services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something found in nature you can use to make something with

Producer

Natural Resources

Trade

Services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you pay someone to do something for you.

Producer

Natural Resources

Trade

Services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4.The person buying or paying for something.

Producer

Consumer

Trade

Services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4.The person making something or providing a service that

someone pays for.

Producer

Consumer

Trade

Services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6.The item you get when you pay for it.

Producer

Consumer

Good

Services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods that are used to produce/make other goods.

Entrepreneur

Capital Goods

Industry

Specialization

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