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5 Written questions

5 Multiple choice questions

  1. Those things which make our lives more comfortable but are not needed for survival
  2. tax on imported goods
  3. money or goods or services owed by one person to another
  4. a person who uses goods or services
  5. the activity of transporting and selling goods to a store or a consumer

5 True/False questions

  1. taxesrequired payments to government

          

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

          

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

          

  4. exportsThose things which make our lives more comfortable but are not needed for survival

          

  5. economysystem by which goods and services are produced and distributed to meet people's needs