Economics Unit Level 1 Review
Authored by Jayna Szwedko
Social Studies
6th Grade
Used 3+ times
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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
tangible, or touchable, items that can be bought or sold
goods
services
industry
capital
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
intangible actions people perform; help or work provided by others
goods
service
industry
capital
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
all types of businesses that are related to the same good or service
capital
entrepreneur
economy
industry
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money & manmade objects owned by a business to help make a product or perform a service
entrepreneur
industry
capital
economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a person who takes the risk & starts a business in hopes of earning a profit
service
entrepreneur
capital
industry
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a system for how goods & services are produced & distributed in a society
economy
industry
capital
barter
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
electronics, clothing, vehicles, and food are examples of...
services
economy
capital
goods
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