Economic Terms
Authored by Joseph Dougherty
Social Studies
6th Grade
Used 8+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is economics?
The study of how to consume goods
The study of who gets what
The study of how to distribute goods
The study of how to produce goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to produce?
To consume
To make
To specialize
To distribute
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to distribute?
To deliver
To produce
To specialize
To consume
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to consume?
To specialize
To distribute
To produce
To use
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are goods?
How much consumers want something
How much there is of something
Actions to meet a need
Things
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are services?
Things
How much there is of something
Actions to meet a need
How much consumers want something
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does supply refer to?
Not enough of something
How much consumers want something
How much there is of something
Too much of something
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