Economics Vocabulary
Authored by Angelina Wiley
Social Studies
2nd Grade
Used 6+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
things you must have to live
wants
needs
money
candy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
things people make or grow to sell
barter
consumers
goods
services
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
coins, paper bills, and checks used in exchange for goods and services
barter
goods
wants
money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the exchange of goods and services without the use of money
services
barter
scarcity
supply
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
not being able to meet all wants at the same time
supply
demand
scarcity
needs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount of items wanted
goods
demand
needs
supply
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount of items available
demand
money
supply
scarcity
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