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- 1. Multiple Choice
What is a want?
Something you have to have to survive.
Something you don’t need to survive but would like to have.
Someone who buys something.
- 2. Multiple Choice
What is a need?
Something that you have to have in order to survive.
Something you do not need in order to survive but would like to have.
Someone who buys something.
- 3. Multiple Choice
Which of the following is an example of a want?
House
Winter clothes
Food
iPad
- 4. Multiple Choice
Which of the following is an example of a need?
Bicycle
Jacket
X-box
Cat
- 5. Multiple Choice
What are products that are made or grown?
Consumers
Services
Goods
None of the above
- 6. Multiple Choice
Increase means:
More
Less
- 7. Multiple Choice
Decrease means:
Less
More
- 8. Multiple Choice
what are services?
Products that are made or grown
The amount of a product or recourse
Work someone does for others
Consumer interest and willingness to pay
- 9. Multiple Choice
Which of the following is not an example of a good?
Toothpaste
Apple
Shirt
Haircut
- 10. Multiple Choice
Which of the following is an example of a service?
Toys
Car
Computer
Medical Check-Up
- 11. Multiple Choice
What is a consumer?
Someone who creates and supplies goods and services
A person who buys and uses up goods
- 12. Multiple Choice
Which of the words best matches the following definition?
Definition: “The system of how money is made and used within a particular country or region.”
Consumer
Economy
Goods
Services
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