People must make choices because of ____, or the idea that people want more things than they can have.
Unit 3 - Economics

Quiz
•
Social Studies
•
3rd Grade
•
Medium
Lauren Curtis
Used 10+ times
FREE Resource
43 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
economy
goods
market
scarcity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Items that can be bought, sold, and traded are called ____.
economy
goods
market
scarcity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____ are tasks you pay someone to do for you.
Economy
Services
Market
Scarcity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ____ is the system in which goods and services are bought and sold.
economy
services
market
scarcity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A place where buyers and sellers come together in called a(n) ____.
economy
goods
market
services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of a good or service that is available to buy is called ____.
demand
incentive
profit
supply
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of a good or service that customers will buy is called ____.
demand
incentive
profit
supply
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