Community and Economy- BizTown

Which type of resources occur naturally in the world?

Why do people and businesses pay taxes?

Which of these are responsibilities that a citizen has to his or her community?

Which best describes the circular flow of an economy?

The merchandise, skills, and knowledge offered for sale by businesses or citizens are called...

In a free enterprise economy, who makes the decisions about what they will sell?

Complete the sentence- Public goods and services are...

Payments that citizens are required to make to government are called

What are the three types of resources?

Which type of resources are materials made by people and used in business?

A producer is someone who...

Economic system where the government makes all decisions is called a

a system in which economic decisions are made in markets by consumers and businesses

Which of the following are examples of public services?

The exchange of goods and services is called....

What are the three basic economic questions faced by an economy?

Which type of resources are the labor, skills, and abilities of workers used in production?

Who pays for public goods and services?

Someone who buys and uses goods or services is called...

Someone who uses resources to start a business is called...