Economics Vocabulary Quiz

Examples of services supplied to people in a community (usually paid through taxes) are ____.

________ refers to people who create goods or services.

Some goods are made locally and others are made in other countries, depending upon available _.

To exchange goods or services with others is called ______________.

Another term for money is ____________.

Laborers (people) are an example of ________ resources.

The price of goods is related to _______ ______ ________.

Wood from trees used to build houses is an example of ____________ resources.

Natural, human, capital, and entrepreneurship are the 4 types of ___________ ____________.

Money or similar assets used to create goods and services are examples of _______ resources.