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WorksheetsEconomics- Second Grade
Total questions: 13
Worksheet time: 7mins
What are natural resources?
materials that come directly from nature
people working to produce goods and services
Goods made by people and used to produce other goods and services
What are human resources?
Materials that come directly from nature
People working to produce goods and services
Goods made by people and used to produce other goods and services
What are capital resources?
Materials that come directly from nature
People working to produce goods and services
Goods made by people and used to produce other goods and services
Which is a natural resource?
carpet
hammer
barber
wood
Which is a human resource?
soil
doctor
bannana
vending machine
Which is a capital resource?
ice
teacher
computer
tacos
What is a synonym for the word barter?
discount
money
trade
borrow
Bills, coins, and checks used in exchange for goods or services
Toys
Money
Fake
History
What is it called when all wants cannot be met due to lack of resources?
frequency
wishes
scarcity
barter
A person who uses a good or service
consumer
producer
A person who uses resources to make goods and/or provide services
consumer
producer
Why must we make an economic choice?
there is enough products for everyone
so we can spend all of our money
Goods and services are scarce
to gain power
Which is not a type of currency we still use today?
checks
bills
coins
furs
