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- 1. Multiple Choice
It is something essential to staying alive.
wants
needs
services
- 2. Multiple Choice
It is something nice to have, but it is not necessary to stay alive.
wants
needs
services
- 3. Multiple Choice
When you buy a good or service, you are a _________________.
seller
consumer
producer
- 4. Multiple Choice
A _______________ is a person that makes or grows items or provides a service to others. They have something to sell.
buyer
consumer
producer
- 5. Multiple Choice
Earned money is called _____________.
tax
currency
income
- 6. Multiple Choice
A plush toy is a ___________.
good
service
income
- 7. Multiple Choice
A car wash is a ___________.
good
service
income
- 8. Multiple Choice
This is a way a country uses its money, resources, goods and services.
opportunity costs
economy
savings
- 9. Multiple Choice
This resource is identified as people who make goods or provide services.
human resources
capital resources
natural resources
- 10. Multiple Choice
This resource is identified as tools or machines needed to make products or provide services.
human resources
capital resources
natural resources
- 11. Multiple Choice
This resource is identified as something you can find on Earth and is not made by people.
human resources
capital resources
natural resources
- 12. Multiple Choice
Plants, fruits, and minerals are called
human resources.
capital resources.
natural resources.
- 13. Multiple Choice
Milk tea machines are
human resources.
capital resources.
natural resources.
- 14. Multiple Choice
Accountants, lawyers, and graphic designers are
human resources.
capital resources.
natural resources.
- 15. Multiple Choice
We need to _________ money in case of an emergency.
spend
save
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