Economics Review

Test Description: Economics

Instructions: Answer all questions to get your test result.

1) The activity of buying, selling, or exchanging goods or servicies is called ...

2) People or businesses that provide goods or services are called . . .

3) The strand of Social STudies that deals with the way goods are produced, distributed, and used is called . .

4) Someone who buys and uses goods and services is called a . . .

5) ______ means to focus on only one job or part of a job to work more efficiently.

6) Objects or things people want or need are called ___

7) ___________ is the value or cost of what is given up when a choice is made.

8) The rate at which goods and services are produced is called

9) An action a person or business does for someone else is called a

10) __________________ are used to motivate people's behavior and choices when buying something


*select an answer for all questions

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