Economics Vocabulary (JA)
Authored by Kelley Lacey
Social Studies
5th Grade
Used 3+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Items that can be bought or sold
Goods
Services
Resources
Producer
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Work done for others, like haircuts or car repairs
Goods
Services
Resources
Producer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person or business that makes goods or services
Consumer
Producer
Entrepreneur
Human Resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who buys good or services
Producer
Entrepreneur
Human Resources
Consumer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money left after all business expenses have been paid
Goods
Services
Profit
Capital Resources
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A system in which goods and services are bought and sold freely with little government interference
Free Market Economy
Competition
Innovation
Entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things businesses use to produce goods and services
Resources
Innovation
Free Market Economy
Skill
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
