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