2nd Grade Economics Flashcards

1

Which is a natural resource?

Factories
Trees and water
Candy
Bus drivers

2

What does supply mean?

A place where you purchase things
The amount of goods you have
A service someone does for you
A holiday

3

In order to pay for a new toy, we can use...

Checks
All of the above
Cash
Credit cards

4

Which is considered a community member?

Grass
A farmer
Sea turtles
My pet hamster

5

Which is a human resource?

Land and rain
Donkeys
Teacher
Farm animals

6

If we were to barter, what would that mean?

We exchange goods for services
We do a fair trade

7

What is a market?

A band
A nursery rhyme
A place where you buy things
A T.V. show

8

What is a good?

Something that's not bad
A place where you buy things
I have no idea
Something you can touch/consume

9

What can you buy at a market?

A person who does a service
Money
Food, toys, clothes

10

In our classroom, we have a high demand for what?

Chromebooks
Pencils, crayons, scissors, and glue
Light bulbs
Shoes and clothes

11

What is an example of a market?

All of the above
Wal-mart
Flea Market
Farm

12

What does demand mean in economics?

To be bossy
The number of people who want goods
A cable provider like ON Demand!

13

What is a service?

Things people do to help others
Things you can consume/touch
People who want your goods
A place where you buy goods

14

Which is a capital resource?

Your house
Wal-mart
Harris Teeter
Farms and factories

15

Which would be more in demand today?

Seeds and eggs
Video games and new clothes

2nd Grade Economics

Questions 15

2nd Grade Economics

Questions 15