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Chapter 19 - Vocabulary Quiz

Authored by Nancy Hyatt

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Chapter 19 - Vocabulary Quiz
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Choose the correct definition of capital goods.

the people used to make goods or services
the items from nature used to make goods and services
the factories, machines, technology, tools, equipment, and any other man-made goods used to make other goods or services

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Read the definition. Then choose the vocabulary term defined. a resource used to produce a good or service

factor of consumption
productive resource
risk

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Choose the correct definition of demand.

where a consumer wants to make a good or service
how much of a good or service consumers want and are able to buy at a certain price
where a consumer wants to buy a good or service

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Read the definition. Then choose the vocabulary term defined. a naturally-made item, such as a tree, mineral, or fresh water, that people can use to help meet a need or want

industry
human modification
natural resource

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Choose the correct definition of human resource.

an employer or employee who helps produce goods and services
a employer or employee in charge of managing others
a person who finds resources for companies

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Read the definition. Then choose the vocabulary term defined. the ways in which goods or services reach the people or businesses that want to buy them

means of consumption
means of demand
means of distribution

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Choose the correct definition of innovate.

to distrust an old method, idea, or product
to create a new or improved method, idea, or product
to trade for an improved method, idea, or product

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