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Social Studies Vocabulary

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.
Economics
a)
the study of how things are bought and sold
b)
exchanging of a good or service from one place to another
c)
resources come from nature used to make something
d)
Mrs. Robinson's hamster's name
2.
Trade
a)
goods that are shipped to other places
b)
the study of how things are bought and sold
c)
the exchanging of a good or service for another
d)
How many days we have until spring break
3.
Imports
a)
resources come from nature
b)
goods that are shipped to other places
c)
goods brought in from other places
d)
the total value of all goods
4.
Natural Resources
a)
What you had for lunch
b)
exchanging of a good or service for another
c)
resources that come from nature used to make something
d)
the study of how things are bought and sold
5.
Exports
a)
the exchanging of a good or service for another
b)
goods shipped out to other places
c)
Mrs. Robinson's favorite band
d)
goods brought in from other places 
6.
What is G.D.P stand for?
a)
Goats Dig Pudding
b)
Great Dora Pictures
c)
Gross Domestic Product
d)
Gross Donut Product
7.
G.D.P.
Gross Domestic Product
a)
the exchanging of a good or service for another
b)
the total value of all the goods and services produced by a country per year
c)
Rotten moldy cheese
d)
Minerals
8.
Example of Imports
a)
Japan brings in fruit from other countries
b)
Japan sends fruit out to other countries
9.
Examples of Natural Resources
a)
computers, T.V.s, cell phones
b)
Bacon, lettuce, tomatoes
c)
Minerals, trees, lumber, air
10.
Example of exports
a)
Saudi Arabia sends oil to Japan
b)
USA brings in T.V.s from Japan
11.
Natural Resources are not 
a)
limited
b)
unevenly distributed
c)
made in a factory 
d)
 from nature