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GSW Week 3 Vocabulary Economic Sectors

Authored by Amber Durrence

Social Studies

5th Grade

Used 2+ times

GSW Week 3 Vocabulary Economic Sectors
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6 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Money owed to someone else is called _____________.


Income
Profit
Debt
Investment

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A _________________ is a plan used to decide how money will be spent (noun), developing a plan for how money will be spent.

budget
car
house
book

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

People who buy goods or services are known as _____________________.

Manufacturers
Suppliers
Consumers
Distributors

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

People who make or grow things to sell to others are known as __________________.

Consumers
Distributors
Retailers
Producers

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

_____________ are things that you have to buy or pay for when you are producing something.

Profits
Investments

Expenses

Sales

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

______________________ are things we buy that can be seen and touched .

Services
Ideas
Goods
Thoughts

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