WorksheetsEconomics Vocabulary
Total questions: 14
Worksheet time: 7mins
the amount of a good or service available
producer
opportunity cost
supply
good
work that people pay other people to do for them
service
consumer
demand
profit
people who buy goods and services
demand
consumer
supply
producer
the number of people wanting to buy a good or service
demand
opportunity cost
profit
supply
a person who starts and/or owns a business
supply
entrepreneur
taxes
opportunity cost
people who make goods and services
producer
entrepreneur
consumer
demand
things that are made or grown that people buy
demand
profit
taxes
good
amount of money remaining after expenses
profit
demand
producer
taxes
when a person has to choose to buy one item over another
opportunity cost
profit
suppy
demand
money people pay to the government to pay for roads, schools, and police
consumer
demand
profit
taxes
Which of the following are NOT a natural resource?
wind
dogs
paper
water
Which of the following is NOT a human resource?
teacher
carpenter
farmer
dog
Which of the following are NOT a capital resource?
soil
tractor
markers
computer
Which of the following people are NOT entrepreneurs?
the person that started Microsoft
person working in a factory
the owner of a paint story
the person that created Facebook
