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