Economy & GDP Vocabulary

Economy & GDP Vocabulary

Assessment

Assessment

Created by

Matthew Garcia

Geography

6th - 7th Grade

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12 questions

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1.

Multiple Choice

30 sec

1 pt

Calculated by dividing the GDP by the country's population. Gives an idea of how successful a country feels to it's citizens.

export

import

GDP per capita

economy

2.

Multiple Choice

30 sec

1 pt

Things that you can hold in your hand and buy. Physical objects (ie: apples, bread, tires)

goods

services

producer

consumer

3.

Multiple Choice

30 sec

1 pt

This is something that someone does for you for which you pay them (ie: a haircut or lawn mowing)

goods

services

producer

consumer

4.

Multiple Choice

30 sec

1 pt

A company or person who makes things.

goods

services

producer

consumer

5.

Multiple Choice

30 sec

1 pt

Someone who buys things, most often with an exchange of money.

goods

services

producer

consumer

6.

Multiple Choice

30 sec

1 pt

The number of people who live in an area or country.

import

export

GDP

population

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