Economy of the Western Hemisphere
Quiz by Lauren Tarantino
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- Q 1/12Score 0the method used by a society to produce and distribute goods and services29Economic System
12 questions
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- Q1the method used by a society to produce and distribute goods and servicesEconomic System30s
- Q2things that are required in order to liveNeeds30s
- Q3Desires that can be satisfied by consuming a good or serviceWants30s
- Q4A person, company, or country that makes, grows, or supplies goods or commodities for saleProducer30s
- Q5A person who purchases goods and services for personal useConsumer30s
- Q6The quantity of something that producers have available for salesupply30s
- Q7the quantity of a good or service that consumers are willing and able to buydemand30s
- Q8the exchange of goods and services in a markettrade30s
- Q9the act of selecting among alternativeschoice30s
- Q10All the different populations that live together in an areaCommunity30s
- Q11Any activity that fulfills a human want or need and returns money to those who provide it.service30s
- Q12Items purchased to satisfy needs and wantsgoods30s
