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2nd/3rd Grade Economics Flashcards | StudBud
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2nd/3rd Grade Economics
2nd/3rd Grade Economics
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2nd Grade Key Vocabulary Economics #secondgrade #economics #thirdgrade #opportunitycost #econ
Flashcards
25 cards
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Questions
25
Answers
1
Which of the following is an example of a producer?
A woman who buys milk at the store
A girl who buys ice cream
A boy who eats pizza in a restaurant
A worker at a donut shop
2
When you choose to buy ice cream over candy, this is an example of
need
want
scarcity
economic choice
3
An example of a human resource is
cashier
wood
trees
bananas
4
The Hershey Chocolate Company focuses on making only one product. This is called
interdependence
specialization
region production
trade
5
Which of these is a natural resource
computer
television
wood
teacher
6
A person who uses resources to make goods or provide services is a
human resource
consumer
producer
capital resource
7
People who work to produce goods and services are called
natural resources
consumers
capital resources
human resources
8
An example of a natural resource is
zookeeper
computer
lawyer
coal
9
5 students want yogurt for lunch, but there is only 3 yogurt containers left. This is called
bartering
producer
scarcity
consumer
10
A person is hired to paint a customer's house. She is providing a
good
natural resource
service
capital resource
11
The exchange of goods and services without the use of money is called
bartering
spending
money
needs
12
When people buy goods and services, they are called
scarcity
consumers
capital resources
producers
13
Goods made by people that are used to produce other goods and services are called
natural resources
human resources
practical resources
capital resources
14
The list below are needs except
toys
food
shelter
water
15
Which of these is a capital resource
television
ocean
doctor
giraffes
16
The list below are wants except
t.v.
pet
toys
clothing
17
Which of the following is an example of a consumer
A person who drives a bus
a person who buys groceries
A person who sells jewelry
A person who sells fruit
18
Amber pays cash for a toy at the store. This is an example of
money
saving
trade
barter
19
What princess is this?
Jasmine
Mulan
Snow White
Cinderella
20
Ms. Miranda's favorite music artists is? (Two people)
Arianna Grande
Drake
XXX-T
Bad Bunny
21
Name of this?
FnF
Naruto
Pokemon
Dragon Ball Z
22
Goods made by people and used to produce other goods or services are called ______ resources
capital
natural
human
mechanical
23
Who is the best person?
Mrs. Korte
Ms. Miranda
Mr. Morones
Ms. Rasha
24
Not being able to meet all wants and needs at the same time because resources are limited
barter
money
goods
scarcity
25
All of these are a human resource except
teacher
truck
hair dresser
cashier
