Economics Ch. 7-9 Vocabulary Quiz

Economics Ch. 7-9 Vocabulary Quiz

9th - 12th Grade

9 Qs

quiz-placeholder

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Economics Ch. 7-9 Vocabulary Quiz

Economics Ch. 7-9 Vocabulary Quiz

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Mary Grush

Used 1+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

selling people the things they need and want

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