Economics

Economics

Assessment

Flashcard

History

7th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

18 questions

Show all answers

1.

FLASHCARD QUESTION

Front

The study of how people choose to use their limited resources to satisfy unlimited wants:

Back

Economics

2.

FLASHCARD QUESTION

Front

economy that embraces economic freedom (free market) when it comes to capital use, but it also allows for government intervention for the public good.

Back

Mixed Economy

3.

FLASHCARD QUESTION

Front

requirements for survival, such as food & water

Back

needs

4.

FLASHCARD QUESTION

Front

things that we would like to have, such as entertainment

Back

wants

5.

FLASHCARD QUESTION

Front

work performed by a person for someone else

Back

services

6.

FLASHCARD QUESTION

Front

Tangible products that we use to satisfy our wants and needs

Back

goods

7.

FLASHCARD QUESTION

Front

rewards that are offered to try to persuade people to take certain economic actions

Back

incentive

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?