Introduction to Economics

Trucks and boats help with the __________________________ of goods.

• Consumption

• Production

• Distribution

• Factors of Production

All countries have different _________________________________ to help them determine what to produce and how to produce things.

• Economic System

• Economics

• Economic Globalization

The rainy weather increased the ____________________________ of umbrellas at the stores.

• Production

• Consumption

• Distribution

• Factors of Production

The ___________________________ of hand sanitizer has had to increase at the factories because of the Coronavirus.

• Production

• Consumption

• Distribution

• Factors of Production

In school it is important to learn about ______________________ because we are all involved in buying goods and services.

• Economic System

• History

• Economics

• Politics

A business needs to know what ______________________________ it needs to make their goods and services.

• Economics

• Factors of Production

• Economic Globalization

• Economic System

Trees and water are examples of _______________________________.

• Factors of Production

• Natural Resources

• Human Resources

• Capital Resources

The employees at the hospital are considered __________________________________.

• Factors of Production

• Natural Resources

• Human Resources

• Capital Resources

The machines used to make cars are __________________________.

• Technology

• Natural Resources

• Human Resources

• Capital Resources

When countries trade goods and services it increases ________________________________________________.

• Economics

• Economic System

• Economic Globalization