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2nd Grade Economics Flashcards | StudBud

Explore/2nd Grade Economics

2nd Grade Economics

16 terms·StudBud Administration·10,984 plays

introduction to goods and services, grade 2, social studies, economics, scarcity, producer, consumer, opportunity cost, supply and demand

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Questions 16

Answers

1
Which is an example of a human resource?
robot
cashier
machine
2
What are capital goods?
expensive goods
goods used to make other goods
cheap goods
goods that are not available
3
Which answer below offers a service?
ice
band-aids
first-aid kit
doctor
4
Which answer offers a service?
mail man
letter
car
mail box
5
Which answer below is a good?
teacher
principal
student
pencils
6
A producer is __________?
Someone who buys something
Someone who makes something
7
Which is an example of a want?
technology
food
water
shelter
8
What effects prices of a product?
supply & economy
opportunity cost
market
supply & demand
9
What is scarcity?
too many goods
a shortage of goods
10
Which one is not a natural resource?
fire
soil
trees
water
11
Which is not an example of a producer?
Crayola
Kellogg Cereal
blueberries
Ford Motor Company
12
Which is not a service?
band-aids
nurse
doctor
surgeon
13
Which is not a good?
chocolate
strawberries
baker
ice cream
14
Which item below is a good?
teacher
eggs
hair stylist
policeman
15
Which is not a good?
teacher
grass
flowers
hose
16
A consumer is _________?
someone who buys something
someone who makes something