Economics Vocabulary Unit 5
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•16 Qs
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Economics Vocabulary Unit 5
Quiz
•
History
•
3rd - 4th Grade
•
Medium
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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