Economics Assessment

6 Questions | Total Attempts: 21

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Assessment Quizzes & Trivia

This quiz covers the many ways people send money,earn money and who spends money to buy and make goods. It is also about services. This is what makes the world go around.


Questions and Answers
  • 1. 
    Study of money and how people use their money.
    • A. 

      Wants

    • B. 

      Economics

    • C. 

      Needs

  • 2. 
    Things that a consumer needs to stay alive.
    • A. 

      Needs

    • B. 

      Trading

    • C. 

      Goods

  • 3. 
    Things that are done for consumers.
    • A. 

      Services

    • B. 

      Trading

    • C. 

      Opportunity cost

  • 4. 
    Things that make life easier and more fun.
    • A. 

      Services

    • B. 

      Wants

    • C. 

      Cost

  • 5. 
    Objects that consumers buy to hold and touch.
    • A. 

      Goods

    • B. 

      Scarcity

    • C. 

      Natural resources

  • 6. 
    Amount of money you need to buy a good or service.
    • A. 

      Needs

    • B. 

      Trading

    • C. 

      Price