Search Header Logo

Economics Definitions

Authored by Rebecca Forrest

Business

10th Grade

CCSS covered

Used 18+ times

Economics Definitions
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Related to money, this is the money that you make.

Income

Expense

Credit

Save

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Related to money, this is the money that you spend.

Income

Expenses

Credit

Spend

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one of these definitions best describe 'Opportunity Costs'?

The cost of making one decision over another.

The cost for the opportunity to buy anything you want.

The opportunity that will cost you loads of money.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a want?

A person
Something you would like to have but don't need to live
Purple
Something you need to live

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RL.11-12.2

CCSS.RL.8.2

CCSS.RL.9-10.2

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who uses and buys goods and services 

money 
producer 
consumer 
economics 

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is not a service?

Dry Cleaner
Car Wash
Clothes
Babysitter

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is a need?

car
water
video games
candy

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?