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