Elements of Economics - Unit 1
Authored by Keri Daly
Social Studies
12th Grade
Used 2+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: the study of how services and goods are made and divided among people
economics
goods
services
free enterprise
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: a kind of economy in which the people own most of the businesses and land
products
free enterprise system
services
economics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: things that are traded or sold
services
goods
cards
gold
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: something a person does for pay
goods
economics
free enterprise
service
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: workers
goods
services
labor force
trade
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is a natural resource
Land
metal
concrete
fabrics
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The labor force consists of
products
manufactures
people
trades
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