Economics & Transportation Vocab Review

Economics & Transportation Vocab Review

4th Grade

14 Qs

quiz-placeholder

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Economics & Transportation Vocab Review

Economics & Transportation Vocab Review

Assessment

Quiz

History

4th Grade

Practice Problem

Hard

Created by

Abby Teske

Used 8+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for someone who starts and manages a business?

Entrepreneur

Producer

Economics

Manager

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the study of the way goods and wealth are produced, distributed, and used?

Opportunity Cost

Economics

Entrepreneur

Management

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for people who create goods and services?

Entrepreneur

Producer

Economics

Consumer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for type of transportation that is used on water and powered by steam?

Steamboat

Railroad

Canal

Bridge

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for people who use goods and services?

Producers

Consumers

Supply

Demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the amount of something available to use?

Demand

Scarcity

Supply

Resource

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for products that can be held and touched?

Services

Goods

Capital

Resources

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