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Economics Flashcards | StudBud
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Economics
Economics
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Questions
13
Answers
1
I am listening to mom and dad while I'm learning at home.
True
False
2
Money earned by doing a job is
from farmers.
found on the street.
income.
from a bank.
3
Someone who makes or grows goods or performs services is a
consumer
producer
child
good person
4
Inventions created by historical figures have changed the way people meet basic needs.
False
True
5
Someone who purchases goods or services is a
doctor
consumer
producer
grown up
6
Things that people make or grow are...
services
needs
goods
income
7
When a person can choose what to produce or service to provide it is called
work.
government.
Free Enterprise.
8
Swimming lessons are a type of service.
True
False
9
Someone cannot be both a producer and a consumer.
True
False
10
Things people need to survive like air, water, food, clothing and shelter are
needs
services
goods
wants
11
Things people would like to have but don't need to survive are
goods
needs
services
wants
12
Computers are a type of goods.
True
False
13
Jobs that people do for others is called
goods
services
needs
wants