Economy Vocabulary
Authored by Wayground Content
Social Studies
3rd Grade
Used 17+ times
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20 questions
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1.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
If the demand of a product goes up, the price will go (a) .
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
If supply goes down, the price will go (a) .
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Someone who uses goods and services like a customer in a grocery store.
consumer
producer
supply
demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much of something available to be bought
demand
shortage
surplus
supply
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something you would like to have
want
need
good
service
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something you need to stay alive like food and water
good
service
want
need
7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
If supply goes up, the price will go (a) .
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