Q.1.
What is a need?
Q.2.
What is consumption?
Q.3.
Another word for money
Q.4.
What is a want?
Q.5.
What is a free market economy?
Q.6.
Which of the following is not a service?
Q.7.
Income set aside for unexpected expenses
Q.8.
A person who buys goods and services
Q.9.
Economic System where there is limited technology and ideas are passed down from generation to generation
Q.10.
The majority of the least developed countries can be found on which continent?
Q.11.
Basic things humans need to survive
Q.12.
A general increase in prices
Q.13.
What type of economy does the United States have?
Q.14.
Tools we use to make products
Q.15.
Type of Economy where Supply and demand determine prices with little gov intervention
Q.16.
Which of these jobs is involved in production?
Q.17.
When something given up for something else is called?
Q.18.
What term refers to a good that leaves a country?
Q.19.
Services provided by people
Q.20.
The amount available
Q.21.
How much of a good or service consumers want
Q.22.
A person who purchases a good or service
Q.23.
A person who provides a good or service
Q.24.
Things purchased by consumers
Q.25.
How much of something is available
Q.26.
The amount of money we pay for a good or service
Q.27.
Something we use from nature
Q.28.
The place where goods and services are exchanged
Q.29.
Something we pay for that we can touch
Q.30.
The using up of a resource