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world’s economy

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

A plan for making and spending money

a)

Loan

b)

Consumer

c)

Producer

d)

Budget

2.

A person who purchases goods and services for personal use

a)

Budget

b)

Consumer

c)

Income

d)

Producer

3.

Money received

a)

Income

b)

Producer

c)

Goods

d)

Service

4.

Work that is performed for someone

a)

Good

b)

Supply

c)

High demand

d)

Service

5.

Very popular

a)

High demand

b)

Scarcity

c)

Supply

d)

Goods

6.

The amount of goods available

a)

Service

b)

Supply

c)

Scarcity

d)

Producer

7.

A person ,company or country that makes ,grows or supplies goods or commodities for sale

a)

Service

b)

Producer

c)

High demand

d)

Scarcity

8.

Limited quantities of resources to meet unlimited wants

a)

Supply

b)

Budget

c)

Scarcity

d)

Service