Economics - VA SOL Vocabulary
Flashcard
•
Social Studies
•
3rd Grade
•
Hard
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5 questions
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1.
FLASHCARD QUESTION
Front
What is needed to produce goods and services?
Back
Resources
2.
FLASHCARD QUESTION
Front
What is a good?
Back
Something someone makes with resources
3.
FLASHCARD QUESTION
Front
What is a service?
Back
Something someone does for another person
4.
FLASHCARD QUESTION
Front
What is specialization?
Back
When people focus on providing only certain goods and services
5.
FLASHCARD QUESTION
Front
What is interdependence?
Back
When people depend on others for things they can't make themselves
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