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Economics for Grade 2 Flashcards | StudBud
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Economics for Grade 2
Economics for Grade 2
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Economics Study Guide 2016
Flashcards
16 cards
F
Practice quiz
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Host live
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Questions
16
Answers
1
Water and soil are
natural resource
human resource
capital resource
2
When the demand is greater than the supply, this is an example of
factory
scarcity
manufacture
barter
3
A baker is a
human resource
capital resource
natural resource
4
Tim cut my grass this week. Tim was providing a ....
service
trade
good
export
5
A cargo truck is a
capital resource
human resource
natural resource
6
A good is ...
exchange of a product
amount of items wanted
work done by someone for us
things people make to grow and sell
7
A consumer is a
banker
customer
doctor
worker
8
The United States ships rice to Asia. This is an example of
export
import
9
A pilot and a police officer provide us with a
good
factory
service
paycheck
10
A producer is ...
person who makes or grows a product to sell
buy things from overseas
a person who works in a school
work that someone does
11
Griffin bought the new Skylander's game. Griffin was a ....
worker
consumer
producer
need
12
Eggs are a .....
natural resource
human resource
capital resource
13
My friend gave me a cookie in exchange for a pencil. This is an example of ...
barter
trade
export
14
Susan ate a banana from the grocery store. Susan was a ....
consumer
income
worker
producer
15
Goods brought to the United States from other countries are
exports
imports
16
I'll wash your car and you can organize my book baskets. This is an example of a ....
trade
exchange
import
demand
