PBL: Economics Vocabulary
Authored by Emma Berno
Social Studies
4th Grade
Used 1+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the study of how people and societies make decisions given the resources that they have
economics
scarcity
goods
services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the concept that we have unlimited wants but limited resources
scarcity
goods
services
producers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
things that you use, buy or sell
goods
services
producers
consumers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
work done by someone for someone else
services
producers
consumers
resources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
people who make something or provide a service
producers
consumers
resources
income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
people who buy or use goods and services
consumers
resources
income
market
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
things that are used to produce goods and services
resources
income
market
exchange
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