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of 15 available terms

5 Written Questions

5 Multiple Choice Questions

  1. arrangement for deferred payment for goods and services
  2. required payments to government
  3. the activity of transporting and selling goods to a store or a consumer
  4. a person who uses goods or services
  5. system by which goods and services are produced and distributed to meet people's needs

5 True/False Questions

  1. servicestax on imported goods

          

  2. economic interdependencewe rely on others, and others rely on us, to provide the goods and services that we consume

          

  3. wantsrequired payments to government

          

  4. economicsthe study of how people seek to satisfy their needs and wants by making choices

          

  5. basic needsThese are the things people cannot live without, such as food, clothing, and shelter.

          

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