Economics Vocab
Authored by REBECCA CHAMBERLAIN
Social Studies
6th Grade
Used 222+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Resources
anything used to make something else
something that is used to represent money
type of business
money made after costs are paid
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity
what is needed to produce goods and services
people who are paid to do work
type of business
not enough of something to meet everyone's wants and needs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economics
the quantity of goods and materials a business has to sell
people who are paid to do work
type of business
how resources are used to meet the needs and wants of a group of people
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money
the rate at which goods and services are produced
type of business
anything that is authorized by a government to purchase goods and services
money made after costs are paid
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
currency
anything used to make something else
the quantity of goods and services a business has to sell
something that is used to represent money
what is needed to produce goods and services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
inventory
people who are paid to do work
money made after costs are paid
the quantity of goods and materials a business has to sell
person who starts a business
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
productivity
the rate at which goods and services are produced
anything used to make something else
money, equipment, buildings, etc needed to run a business
type of business
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?
