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5 Written questions

5 Multiple choice questions

  1. a person who uses goods or services
  2. tax on imported goods
  3. Those things which make our lives more comfortable but are not needed for survival
  4. money or goods or services owed by one person to another
  5. someone who manufactures something

5 True/False questions

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

          

  2. economicssystem by which goods and services are produced and distributed to meet people's needs

          

  3. basic needsThose things which make our lives more comfortable but are not needed for survival

          

  4. servicesgoods and services that one country sells to another country

          

  5. economythe study of how people seek to satisfy their needs and wants by making choices