chapter 4 lesson 3

chapter 4 lesson 3

Assessment

Flashcard

Other

4th Grade

Practice Problem

Easy

Created by

Misti Ward

Used 2+ times

FREE Resource

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7 questions

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1.

FLASHCARD QUESTION

Front

Scarcity

Back

Situation where the amount of a resource is limited

2.

FLASHCARD QUESTION

Front

Opportunity Cost

Back

The value of something that must be given up to get the thing you want

3.

FLASHCARD QUESTION

Front

Incentive

Back

Something that encourages one to take an action or do something

4.

FLASHCARD QUESTION

Front

Advertising

Back

The use of public notices to bring attention to a product or services

5.

FLASHCARD QUESTION

Front

Interest

Back

A small fee paid to bank customers in exchange for allowing the bank to use their money. A fee charged by banks for borrowing money.

6.

FLASHCARD QUESTION

Front

Promote

Back

To make widely known

7.

FLASHCARD QUESTION

Front

Prefer

Back

To like something better than another.

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