Economics Vocabulary Unit 5

Economics Vocabulary Unit 5

3rd - 4th Grade

16 Qs

quiz-placeholder

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Economics Vocabulary Unit 5

Economics Vocabulary Unit 5

Assessment

Quiz

History

3rd - 4th Grade

Medium

Created by

Lorrie Sussdorf

Used 1K+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

someone who uses goods and services

producer

consumer

surplus

want

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

someone who provides good and services

consumer

producer

shortage

specialization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

something you can use

good

service

need

want

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

something someone does for others

need

want

good

service

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

how much of something is available to buy

shortage

surplus

demand

supply

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

how much of something people want to buy

good

service

supply

demand

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

something you must have to survive

need

want

good

service

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