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