Basic Economics
Flashcard
•
Social Studies
•
4th - 5th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview
12 questions
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1.
FLASHCARD QUESTION
Front
What is a consumer?
Back
buys, then uses up a good or service
2.
FLASHCARD QUESTION
Front
Natural resources are
Back
something found in nature that satisfies our wants and needs (like a tree cut down for timber)
3.
FLASHCARD QUESTION
Front
Human Resources are
Back
found in people, like their skills and ideas
4.
FLASHCARD QUESTION
Front
A Good is
Back
something made or gathered from nature to use or sell (like paper)
5.
FLASHCARD QUESTION
Front
A Service is
Back
something people do for other people (like pick up their trash)
6.
FLASHCARD QUESTION
Front
When you have INCOME, you have
Back
money that you earned (used to buy a good or service)
7.
FLASHCARD QUESTION
Front
The amount of goods or services available to sell at a given time is called______________
Back
supply
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