BizTown Vocab
Authored by Nicholas Myers
Social Studies
5th Grade
Used 4+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an economy in which economic decisions are made in markets
goods and services
scarcity
free enterprise
loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
someone who uses goods and services
loan
consumer
business
goods and services
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
people and things used to produce goods and services
comsumer
loan
free enterprise
resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
merchandise and skills offered for a price
goods and services
resources
free enterprise
citizen
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
someone who makes goods or services that will be sold
free enterprise
citizen
producer
JA BizTown
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a company that sells goods or services
profit
producer
business
loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a situation in which people can't have everything they want due to limited resources
business
citizen
scarcity
loan
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