Not having an endless supply of something
Chapter 3 Economic Concepts That Stand the Test of Time

Quiz
•
Social Studies
•
5th Grade
•
Easy
Melinda McCoy
Used 45+ times
FREE Resource
22 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Unlimited
Limited
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Things people must have to live
Wants
Desires
Ambitions
Needs
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Not restricted; without an end
Limited
Unlimited
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Things people would like to have, but can live without
Wants
Needs
Necessities
Oxygen
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
People who purchase or use goods or services
Producers
Entertainers
Teachers
Consumers
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Objects people make to earn money
Services
Goods
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
People or businesses that use resources to make goods or services
Entrepreneurs
Consumers
Producers
Capital goods
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