Intro to Econ Section 1 & 2 Vocab
Authored by Shumara Carswell
Social Studies
12th Grade
Used 3+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
desires that can be satisfied by consuming a good or a service
scarcity
producer
needs
wants
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
(a) are things that are necessary for survival
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
exists when there are not enough resources to satisfy human wants
desires
economics
scarcity
wants
4.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
(a) is the study of how individuals and societies satisfy their unlimited wants with limited resources.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
objects that can be bought
goods
services
consumer
producer
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
(a) are work that one person does for another.
7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
A person who buys or uses goods or services
(a)
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