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WorksheetsEconomics
Total questions: 17
Worksheet time: 9mins
____________ is a consumers want for a service or a good
supply
taxes
demand
goods
_______ is the amount of something available to consumers
demand
supply
taxes
service
_____________Is a fee paid to the government
goods
services
taxes
supply
___________is someone who does something for someone else
Goods
Wants
Needs
Services
_____________are things that are made or grown
Services
Goods
Needs
Supply
_________is something people would like to have
Wants
Needs
Goods
Services
_________________is something people MUST have to live
Wants
needs
goods
services
____________is something you gave up when making a choice
Taxes
scarcity
opportunity cost
specialize
_____________is someone who uses goods and services
Wants
needs
consumer
producer
______is someone who makes a good or provides a service
Consumer
producer
goods
services
___________is when the supply is less than the demand. Not enough
Specialize
opportunity cost
needs
Scarcity
________ when a person focuses on 1 specific skill or service
Specialize
interdependence
producer
consumer
______Depending on one another for resources or products
scarcity
producer
consumer
interdependence
Human, capital or natural resource?
Human
Capital
Natural
Human, Capital or natural?
Human
Captial
Natural
Which resource?
Human
Capital
Natural
Which resource?
Human
Capital
Natural
