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Economics Vocabulary 1 Intermediate

Authored by Richard Butterworth

Social Studies

12th Grade

Used 26+ times

Economics Vocabulary 1 Intermediate
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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of how people make choices to satisfy their wants and needs

Economics

Microeconomics

Biology

Anthropology

2.

MATCH QUESTION

1 min • 1 pt

Match the following

Wants are greater than resources

Shortage

Households and businesses

Scaricity

Global economy, inflation, unemployment

Microeconomics

Temporary lack of goods or services

Macroeconomics

3.

DRAG AND DROP QUESTION

1 min • 1 pt

Eggs are a ​ (a)   , and auto repair is a ​ (b)   .

good
service

4.

DRAG AND DROP QUESTION

1 min • 1 pt

A cellphone is a ​ (a)   , and doctors provide a ​ (b)   .

good
service
macroeconomics
scarcity

5.

DROPDOWN QUESTION

1 min • 1 pt

I ​ (a)   a car, but I ​ (b)   shelter to survive.

want
need
Economics

6.

DROPDOWN QUESTION

1 min • 1 pt

My teacher provides a ​ (a)   in the classroom.

service
naptime
good
scarcity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

describes choices that are logical and consistent and maximize value

Macroeconomics

Rational
Decision Making

Microeconomics

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