Economics Vocabulary Review--Social Studies grade 6

Quiz by Heather Connors

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Q 1/21
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Exchange goods or services for other goods or services without using money
29
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21 questions

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Q1
Exchange goods or services for other goods or services without using money
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30s
Q2
Buildings, machines, technology & tools needed to produce goods and services.
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Q3
An economic system in which the government controls a country's economy.
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30s
Q4
A system of money used in a particular country.
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Q5
System that converts (changes) one currency to another so that goods can be bought and sold between counties with different economics.
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Q6
A 0-100 scale which ranks world economies from most command-leaning (0) to most market-leaning (100)
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Q7
A ban on trade with another country.
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Q8
A person who starts up and takes on the risk of a business.
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Q9
The total value of all final goods and services produced annually in an economy.
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Q10
The value of all the goods & services a country produces per person (GDP /population)
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Q11
The health, education, experiences, training, skills & values of people.
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Q12
A figure (number) that describes the number of babies that die within the first year of their lives in a given population.
Infant Mortality Rate
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Q13
A percentage of a country's population who read and write.
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Q14
Economic decisions are made by consumers and producers. Zero government involvement.
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Q15
Economic decisions are made by individuals, businesses & government.
Mixed Economy (1-99 on the continuum)
30s