Economics Review: Question Preview (ID: 3511)

Below is a preview of the questions contained within the game titled ECONOMICS REVIEW: Reviews 3rd Grade Economic SOL's 3.7, 3.8, 3.9 .To play games using this data set, follow the directions below. Good luck and have fun. Enjoy! [print these questions]

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What is a natural resource?
a) Something that is man made
b) Something that comes from nature
c) There is no such thing
d) A building

What is a capital resource?
a) something that people make to help them make other goods and services
b) something that comes from nature
c) water
d) a natural resource

What is a human resource?
a) A tool or machine
b) A gift from nature
c) People at work helping other people
d) A game

What is a producer?
a) A person who makes goods and provides services
b) A person who buys goods and services
c) A building
d) A small group of animals

What is a consumer?
a) A person who makes goods and services
b) A natural resource
c) Resources used to make goods and services
d) A person who buys goods and serivces

What is specialization?
a) Being and expert and one job
b) Depending on others
c) A good
d) A capital resource

What is opportunity cost?
a) Using goods and services
b) What is given up when making a choice
c) People at work
d) A producer

What does Virginia specialize in?
a) shipbuilding and coal mining
b) oil
c) wood
d) computers

We depend on other countires for _________.
a) oil
b) salt
c) gold
d) ships

This is a capital resource...
a) A man working at a store
b) A hammer
c) Water
d) A teacher

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