Supply and Demand

Supply and Demand

Assessment

Flashcard

Social Studies

5th Grade

Hard

Created by

Wayground Content

FREE Resource

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12 questions

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1.

FLASHCARD QUESTION

Front

How much people want something

Back

demand

2.

FLASHCARD QUESTION

Front

The making, buying and selling of goods and services

Back

economics

3.

FLASHCARD QUESTION

Front

A person who buys goods and services

Back

consumer

4.

FLASHCARD QUESTION

Front

What will happen to the price of Smencils on Amazon Prime if there are only a few packs left and they are very popular?

Back

The price will go up.

5.

FLASHCARD QUESTION

Front

What will happen to the price of pumpkins on the day after Halloween?

Back

The price will go down.

6.

FLASHCARD QUESTION

Front

The person who makes a product is called a

Back

producer

7.

FLASHCARD QUESTION

Front

The person who buys a product is called a

Back

consumer

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