A) sustainability B) productivity C) social science D) economics
A) satisfying. B) unlimited. C) common. D) scarce.
A) scarcity B) resources C) profit D) productivity
A) services. B) goods. C) wants. D) needs.
A) a pizza shop. B) a footpath. C) a new pair of jeans. D) shelter.
A) choice. B) final products. C) diverse capital goods. D) consumption of goods and services.
A) goods which households buy B) final products C) anything which has a price D) goods which are used to make other goods and services
A) economic goods. B) consumer goods. C) free goods. D) capital goods.
A) rural economy B) poor economy C) subsistence economy D) basic economy
A) starting to consume more B) using all available resources C) reducing wants to satisfy the needs D) producing more than you need just to survive
A) meeting all our needs and wants B) division of labour C) producing a surplus D) productivity
A) specialization B) resources C) scarcity D) production
A) managers B) consumers C) economists D) producers
A) yes B) probably C) no D) not sure
A) satisfying their needs and wants B) creating a surplus and specialization C) inventing things D) working harder and faster
A) a service. B) a non-durable consumer good. C) an economic good. D) a need.
A) make things. B) have unlimited resources. C) need more than they want. D) buy things.
A) have unlimited resources. B) make more than we have to. C) need more than we can afford. D) want more than we can afford.
A) an economic good. B) want. C) need. D) a consumer good.
A) surfboard. B) book. C) Xbox. D) mobile phone.
A) user of resources to make capital goods. B) trader. C) consumer of a service. D) producer.
A) goods and services. B) free goods. C) final products. D) resources.
A) All goods produced by a society are consumer goods. B) Scarcity is only a problem for poor countries. C) Economies have become less complex throughout history. D) Economics is about the decisions that we make every day
A) the availability of consumer goods and services B) using resources for daily survival C) limited needs and wants D) the division of labour and specialization
A) Wants are recurrent. B) Wants are competitive. C) Wants are changeable. D) Wants are complementary. |