A) economics B) productivity C) sustainability D) social science
A) satisfying. B) scarce. C) unlimited. D) common.
A) scarcity B) productivity C) profit D) resources
A) wants. B) services. C) needs. D) goods.
A) a pizza shop. B) a footpath. C) shelter. D) a new pair of jeans.
A) diverse capital goods. B) consumption of goods and services. C) final products. D) choice.
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) consumer goods. C) free goods. D) capital goods.
A) basic economy B) poor economy C) subsistence economy D) rural economy
A) producing more than you need just to survive B) using all available resources C) starting to consume more D) reducing wants to satisfy the needs
A) productivity B) division of labour C) producing a surplus D) meeting all our needs and wants
A) resources B) specialization C) scarcity D) production
A) consumers B) economists C) producers D) managers
A) not sure B) probably 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) buy things. B) have unlimited resources. C) make things. D) need more than they want.
A) want more than we can afford. B) have unlimited resources. C) need more than we can afford. D) make more than we have to.
A) want. B) an economic good. C) need. D) a consumer good.
A) mobile phone. B) Xbox. C) surfboard. D) book.
A) consumer of a service. B) user of resources to make capital goods. C) producer. D) trader.
A) resources. B) free goods. C) final products. D) goods and services.
A) Economies have become less complex throughout history. B) All goods produced by a society are consumer goods. C) Scarcity is only a problem for poor countries. D) Economics is about the decisions that we make every day
A) using resources for daily survival B) the availability of consumer goods and services C) limited needs and wants D) the division of labour and specialization
A) Wants are competitive. B) Wants are recurrent. C) Wants are complementary. D) Wants are changeable. |