
Economics Reteach
Quiz by HEATHER BROADNAX
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22 questions
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- Q1-the study of how societies produce, distribute and consume goods and servicesEconomics30s
- Q2-determines the prices of goods and services in a market economysupply and demand30s
- Q3a person, company, or business that makes goods or provides services for consumersproducer30s
- Q4A person who purchases goods and services for personal useconsumer30s
- Q5Physical objects such as clothes or shoesgoods30s
- Q6tasks that businesses perform for consumersservices30s
- Q7another word for farming. It includes both growing and harvesting crops and raising animals, or livestockagriculture industry30s
- Q8Mass producing goods on a large scale using machinery. (Factories) turning raw materials into a finished product.manufacturing industry30s
- Q9the sale of goods and services to consumers and how the goods are distributed such as malls, shopping centers, websitesretail industry30s
- Q10a business that does work for a customer, and occasionally provides goods, but is not involved in manufacturing.service industry30s
- Q11Man-made goods used to help production or gain wealthcapital resources30s
- Q12a person who owns or operates a business or comes up with the idea for a product/businessEntrepreneur30s
- Q13natural resources used to produce a productland30s
- Q14The physical or mental work someone does to produce a good or servicelabor30s
- Q15Factory worker, waitress, managerexample of labor30s