A) economics
B) social science
C) productivity
D) sustainability

A) satisfying.
B) scarce.
C) common.
D) unlimited.

A) resources
B) profit
C) productivity
D) scarcity

A) needs.
B) services.
C) wants.
D) goods.

A) a pizza shop.
B) shelter.
C) a footpath.
D) a new pair of jeans.

A) diverse capital goods.
B) final products.
C) consumption of goods and services.
D) choice.

A) final products
B) anything which has a price
C) goods which are used to make other goods and services
D) goods which households buy

A) capital goods.
B) economic goods.
C) free goods.
D) consumer goods.

A) basic economy
B) poor economy
C) subsistence economy
D) rural economy

A) reducing wants to satisfy the needs
B) starting to consume more
C) producing more than you need just to survive
D) using all available resources

A) producing a surplus
B) meeting all our needs and wants
C) productivity
D) division of labour

A) specialization
B) production
C) resources
D) scarcity

A) producers
B) economists
C) managers
D) consumers

A) no
B) yes
C) not sure
D) probably

A) inventing things
B) satisfying their needs and wants
C) creating a surplus and specialization
D) working harder and faster

A) a non-durable consumer good.
B) a need.
C) an economic good.
D) a service.

A) have unlimited resources.
B) buy things.
C) make things.
D) need more than they want.

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) need.
B) a consumer good.
C) want.
D) an economic good.

A) mobile phone.
B) Xbox.
C) surfboard.
D) book.

A) trader.
B) producer.
C) user of resources to make capital goods.
D) consumer of a service.

A) free goods.
B) goods and services.
C) resources.
D) final products.

A) Economics is about the decisions that we make every day
B) Economies have become less complex throughout history.
C) Scarcity is only a problem for poor countries.
D) All goods produced by a society are consumer goods.

A) the availability of consumer goods and services
B) the division of labour and specialization
C) using resources for daily survival
D) limited needs and wants

A) Wants are recurrent.
B) Wants are complementary.
C) Wants are changeable.
D) Wants are competitive.