Economics Vocabulary

Economics Vocabulary

6th Grade

21 Qs

quiz-placeholder

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Economics Vocabulary

Economics Vocabulary

Assessment

Quiz

others

6th Grade

Medium

Created by

Joseph Quayle

Used 15+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ are resources used to make goods and services, including natural resources, human resources, and capital goods.

Productive Resources

Consumer Goods

Financial Assets

Personal Belongings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ are resources supplied by nature, such as ores, trees, and land.

Natural Resources

Manufactured Goods

Synthetic Materials

Man-made Resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ are the talents and skills of individuals that contribute to production.

Human Resources

Natural Resources

Capital Resources

Technological Resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ are human-made materials needed for production, including buildings, machinery, and tools.

Capital Goods

Natural Resources

Consumer Goods

Labor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ is a person who organizes and manages a business, taking on risks.

Entrepreneur

Employee

Customer

Manager

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ is the maker of goods using productive resources.

Producer

Consumer

Retailer

Distributor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ is an individual who buys and/or uses goods and services.

Consumer

Producer

Retailer

Supplier

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