We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byBraedon Steveson
Modified over 2 years ago
Economics Review Mrs. Slaggie’s GEO
A:B: ServicesProducers 1. What is a name for things people make or grow? C:D: ConsumersGoods
Answer: D) Goods
A:B: ServicesConsumers 2. What is the name of people or businesses that do something to help people? C:D: ProducersGoods
Answer: A) Services
A:B: GovernmentEconomics 3. What is the term for the study of making, buying, and selling of goods or services to meet our wants and needs? C:D: DemographyGeography
Answer: B) Economics
A:B: ConsumerProducer 4. What is the name of someone who grows or makes something to sell to other people or business? C:D: GoodsServices
Answer: B) Producer
A:B: GoodsProducers 5. What is the name of the person or people who buy goods and services? C:D: ConsumersServices
Answer: C) Consumers
A:B: SupplyDemand 6. What is the term for the amount of goods available at one time? C:D: ProducerConsumer
Answer: A) Supply
A:B: Demand 7. What is the term for the number of people who want the goods that are in supply? C:D: ProducerConsumer Supply
Answer: B) Demand
A:B: The price will stay the same. The price will go up. 8. What happens when the supply of an object is greater than the demand? C:D: The price will go down.It means they sold out of that object.
Answer: C) The price will go down.
A:B: TaxOpportunity Cost 9. What is the name for the shortage of a good or service in the marketplace? C:D: EconomyScarcity
Answer: D) Scarcity
A:B: ExpensesBudget 10. This is a plan for using your money. C:D: IncomeConsumers
Answer: B) Budget
A:B: IncomeBudget 11. What is the name for the money you receive? C:D: ExpensesTax
Answer: A) Income
A:B: DevelopedRich 12. Geographers call nations with few industries, poor education, and low life expectancy ________________ countries. C:D: DevelopingPoor
Answer: C) Developing
A:B: TeacherBaker C:D: DoctorPolice Officer 13. Which person provides goods?
Answer: B) Baker
A:B: MarketplaceIncome 14. This is a place where people sell things and buy things they need. C:D: BudgetTax
A) Market Place
A:B: GDP per captiaEconomy 15. The total amount of money of all goods and services produced in a year per person Is called a nation’s __________. C:D: ExpensesIncome
Answer: A) GDP per capita
That is incorrect. Please try again.
Great Job!!!! Great Job!!!! Thank you for playing! Thank you for playing!
Economics Review Mrs. Slaggies Third Grade. A:B: ServicesProducers 1. What is a name for things people make or grow? C:D: ConsumersGoods.
Third Grade Economy. A:B: ServicesProducers 1. What is a name for things people make or grow? C:D: ConsumersGoods.
5.9 + = 10 a)3.6 b)4.1 c)5.3 Question 1: Good Answer!! Well Done!! = 10 Question 1:
1 Foundations of Business In order to appreciate and make informed decisions in the world around them, students will need to establish a basic business/economic.
Teacher Name Class / Subject Date A:B: Write an answer here #1 Write your question Here C:D: Write an answer here.
Economics Review Mrs. Slaggie’s GEO. A:B: They get married later. They have fewer babies and space them apart. 1.What happens in developing countries.
Economy The amount of money and the way it is spent in a country. Is there a lot of spending money or a little bit of spending money? If people in a country.
3 rd Grade Economics Picture Vocabulary. 3 rd Grade Economics Vocabulary ProductServicePrice EconomicsConsumerSupply AdvertisementTrade-OffDemand Opportunity.
3 rd Grade Economics Picture Vocabulary. What do we call the study of how people produce, sell, and buy products and services? _______________________________.
Economics -Economics -the system that society uses to produce and distribute goods and services -Why study economics??? -Why does the government pay so.
Flashcards? Lets Get Started. Question 1 Get Answer.
Think of something you would like to buy. Do you know who makes it? Do you know its price? Buying, selling, and deciding on prices are important ideas.
5 th Grade Social Studies Economics. 1. People play different roles in economics __ producer, provider, consumer, and investor. The person working at.
Supply Amount of goods and services producers are willing to make and sell.
ECONOMIC GEOGRAPHY. WHAT DO YOU MEAN BY ECONOMY? Making and exchanging goods and services -like Nike shoes -or, hiring a lawn service service.
Unit 4 4th Grade Social Studies Vocabulary
0 - 0.
Quest ion 1? A.) answer B.) answer C.) correct answerD.) answer L C.) correct answer F.
Slide 1 Insert your own content. Slide 2 Insert your own content.
Economics Test Review. To sell goods and services in another country.
Economic Concepts Review. Factors of Production Economic Types SupplyDemandMixed Bag
Economies. Economy is... The production, distribution, trade and consumption of GOODS and SERVICES.
Economic Systems An economic system is the way in which decisions about what will be produced are made. There are three possible types of economic system:
There are 4 different types of economic systems: 1. Market economic system (pg R32) - this is an economic system based on individual choices and voluntary.
MILLIONAIRE SCOREBOARD $100 $200 $300 $500 $1,000 $2,000 $4,000 $8,000 $16,000 $32,000 $64,000 $125,000 $250,000 $500,000 $1 MILLION Click the $ for.
ECONOMIC SYSTEMS AND ACTIVITIES
Chapter 1: What is Economics? Section 1
Choose a category. You will be given the answer. You must give the correct question. Click to begin.
Combining Like Terms. Only combine terms that are exactly the same!! Whats the same mean? –If numbers have a variable, then you can combine only ones.
2 Our Global Economy 2-1 Economics and Decision Making
Basic Economics. Economics Definition: The study of how individuals and groups of individuals strive to satisfy their needs and wants by making choices.
Supply and Demand Chapter 1, 1.3 (part 2). THE LAW OF DEMAND The law of demand says : as the price of a good or service rises, its quantity demanded falls.
Social Studies Unit Economic Understandings By Ms. Cuthrell.
Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:
ECONOMY PART II. ECONOMIC SYSTEMS Communism (command)- government decides what needs are to be met, found in unlimited governments Free Enterprise (market)–
2 Economic Activity 2-1 Measuring Economic Activity
Sales and Excise taxes.
Unit 4: Money and Monetary Policy
“Review Study Guide nightly”
Instructions To use this template: –for each slide write the correct answer on the orange bar first –choose which option (A,B,C or D) and make sure you.
Bell Ringer Activity Which economic system does the United States have? (Command, Market, or Mixed) Why do you think that?
The Harnessed Atom Lesson Nine Energy And You. What you need to know about Energy Decision-making: Standard of living Economics – Supply and demand Informed.
Economic Resources And Systems
Addition 1’s to 20.
ECONOMICS. Economy Types There are four types of economy in the United States Agricultural Service Industrial Information.
U. S. Economic Systems Key Terms
ECONOMICS CHAPTER 1. A. SCARCITY – What is it? 1.Scarcity - when there is not enough of a “resource” to meet all demand 2.Economics – the study of how.
Free Enterprise 3 rd grade. Free enterprise The freedom to start a business and sell, for profit, any product or service allowed by law.
© 2017 SlidePlayer.com Inc. All rights reserved.