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- 1. Multiple Choice
What is the study of the way goods and services are made and used?
market
geography
economics
- 2. Multiple Choice
Where buyers and sellers exchange goods and services.
government
economics
market
- 3. Multiple Choice
People who produce goods and services.
producer
consumer
market
- 4. Multiple Choice
What you give up when making a decision.
long term goal
opportunity cost
producer
- 5. Multiple Choice
Lack of available resources.
services
scarcity
goods
- 6. Multiple Choice
Resources that come from nature: water, soil, trees, coal, etc.
natural resources
scarcity
market
- 7. Multiple Choice
Someone who buys or uses goods and services.
producer
services
consumer
- 8. Multiple Choice
Products that can be bought and sold.
producer
goods
services
- 9. Multiple Choice
Work that is done by others.
services
consumer
economics
- 10. Multiple Choice
A plan to help people make personal economic decisions for the present and future and to become more financially responsible.
budget
cost
market
- 11. Multiple Choice
List 3 goods that could be produced using trees.
- 12. Multiple Choice
Pick the producer.
- 13. Multiple Choice
Pick the producer.
- 14. Multiple Choice
Pick the consumer.
- 15. Multiple Choice
Pick a consumer.
- 16. Multiple Choice
long term savings goal
short term savings goal
- 17. Multiple Choice
long term savings goal
short term savings goal
- 18. Multiple Choice
long term savings goal
short term savings goal
- 19. Multiple Choice
long term savings goal
short term savings goal
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