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5 Written questions

5 Matching questions

  1. goods
  2. human resources/labor
  3. natural resources
  4. tertiary industry
  5. wages
  1. a transport and distribute goods and services - deal with communication - highways, telephones, airlines
  2. b amount paid to an individual for services provided
  3. c minerals, water, trees and land
  4. d items made or grown (produced)
  5. e human effort and energy used in production

5 Multiple choice questions

  1. one who grows agricultural products or manufactures goods
  2. there is no pure economy, each has some characteristic of another, economies can change/Russia/United States/China
  3. one who uses goods or services
  4. anywhere goods or services are sold or traded
  5. services for producing or selling things - banking and retail

5 True/False questions

  1. scarcea job done for someone else


  2. economic systemcareful management of producing, distributing and consuming wealth and resources


  3. opportunity costone who grows agricultural products or manufactures goods


  4. capital resourcesminerals, water, trees and land


  5. productive resourceswhat we need to produce goods and services,
    natural, human and capital resources


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