
Economics
Flashcard
•
Social Studies
•
4th Grade
•
Practice Problem
•
Easy
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Used 3+ times
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18 questions
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1.
FLASHCARD QUESTION
Front
Workers are paid ______________________ for the work they do. Options: export, import, wages, profit
Back
wages
2.
FLASHCARD QUESTION
Front
____________________ is a term used to describe a very low supply.
Back
Scarcity
3.
FLASHCARD QUESTION
Front
A form of trade in which goods are services are traded for something other than money is called _________________________.
Back
bartering
4.
FLASHCARD QUESTION
Front
A ______________________ is someone who makes or sells a product.
Back
producer
5.
FLASHCARD QUESTION
Front
A ______________________ is someone who buys a good or service.
Back
consumer
6.
FLASHCARD QUESTION
Front
The amount of money that is left after all of the overhead has been paid is known as the ________________________.
Back
profit
7.
FLASHCARD QUESTION
Front
To ______________________ means to buy goods and services from sellers in other countries.
Back
import
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