6th Grade Economy Assessment

What does the table indicate about the relationship between Saudi Arabia and the U.S.?

Forces businesses to keep their prices low is an example of what?

If a country lowers tariffs on an imported product, what will likely happen?

Forces businesses to keep quality high is an example of...

Soil, trees, and minerals are all examples of what?

The 3 factors influencing a producer's decision to make a good include available resources and 

Creating specials or offering incentives is an example of...

Turmoil can develop when competing countries want the same goods or services is an example of?

Production resources include labor, capital and 

If a country raises tariffs on an imported product what may happen?

Machinery used in the making of goods and services is?

Consumers have choices in goods and services is an example of...

The four factors of production include land,labor,capital and ?

Nations specializing in goods and services that they produce most efficiently is a benefit of?

Someone who takes a risk to pursue an economic activity is called what?

What was the economic impact of ancient civilizations moving from bartering to using money?