selling people the things they need and want
Economics Ch. 7-9 Vocabulary Quiz

Quiz
•
Social Studies
•
9th - 12th Grade
•
Easy
Mary Grush
Used 1+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
consumer
supply and demand
supply
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an amount of something that is available for use
consumer
supply and demand
supply
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
someone who buys and uses goods and services
consumer
supply and demand
supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount of money left after all the costs of running a business have been subtracted from all the money earned
partnership
profit
charity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
when two or more people get together to do something, such as owning a business
partnership
profit
charity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an organization that sends money to help people in need
partnership
profit
charity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a place where people buy or sell food or goods
market
competition
supplier
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the place or person you get a good or service from
market
competition
supplier
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a situation in which two or more people are trying to get the same thing
market
competition
supplier
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