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