WorksheetsWHAT IS ECONOMY?
Total questions: 10
Worksheet time: 5mins
Why did Mrs de la Paz sister present the video?
because Mrs de la Paz is sick with COVI19.
because Mrs de la Paz was taking care of Julia and Eric.
because Mrs de la Paz went to the shop to try to buy toilet paper.
because Mrs de la Paz doesn't like to make videos of herself.
What is Mrs de la Paz' sister name?
Marisa
Esther
Monica
Pepa
What did her sister study at college?
Law
Economy
Chemistry
French
What does economy mean?
To produce, sell, and buy things
To spend money
To save money
A social science concerned with the inequality
What is a producer?
the money you make after you pay all your expenses.
exchanging goods or services.
work people do that other people pay for.
someone that makes goods or services for sale.
What is a consumer?
a person who purchases goods and services.
any kind of money people use as a medium of exchange.
a person that stores money for customers.
selling goods and services to other people in other countries.
What are goods?
a piece of a company.
real things you can see and touch.
loaned money that you've got to pay back.
the amount of cash you're storing in your bank account.
What are services?
automated banker or telling machines.
the value of a nation's currency compared to another one
work people do that other people pay for.
loans you give with the understanding that the borrower will pay it back with interest on a certain date.
What is free market economy?
An economic system based on supply and demand with little or no government control.
economic system that seeks to create a classless society in which the major means of production are owned and controlled by the public.
What is a communist economy?
An economic system based on supply and demand with little or no government control.
An economic system that seeks to create a classless society in which the major means of production are owned and controlled by the public.
