Economics TEKS

___money is called income.

• Spent

• Earned

Select all examples of producers

• A teacher

• A doctor

• A chef

• A buyer

Saving money will help you buy more expensive things later

• True

• False

Which of the following is an example of a need?

• Candy

• Water

• A phone

Economics focuses on

• How money is distributed in society, humans' basic wants and needs, and how resources are used.

• The history of early civilizations

• The development of humans

• How living organisms are structured

What is one of the big ideas of economics?

• Conflict often leads to war between societies

• Order in society often requires a change in government

• Basic human needs may differentiate amongst people

• Exerting power over societies often leads to conflict

Learning about the free enterprise system in Texas is an appropriate topic for what grade?

• Kinder

• 1st

• 4th