A) economics
B) social science
C) productivity
D) sustainability

A) satisfying.
B) unlimited.
C) common.
D) scarce.

A) productivity
B) resources
C) scarcity
D) profit

A) wants.
B) goods.
C) needs.
D) services.

A) shelter.
B) a footpath.
C) a new pair of jeans.
D) a pizza shop.

A) choice.
B) consumption of goods and services.
C) final products.
D) diverse capital goods.

A) anything which has a price
B) final products
C) goods which households buy
D) goods which are used to make other goods and services

A) economic goods.
B) free goods.
C) capital goods.
D) consumer goods.

A) poor economy
B) rural economy
C) subsistence economy
D) basic economy

A) using all available resources
B) reducing wants to satisfy the needs
C) producing more than you need just to survive
D) starting to consume more

A) productivity
B) meeting all our needs and wants
C) producing a surplus
D) division of labour

A) specialization
B) scarcity
C) production
D) resources

A) managers
B) producers
C) consumers
D) economists

A) yes
B) probably
C) no
D) not sure

A) satisfying their needs and wants
B) inventing things
C) creating a surplus and specialization
D) working harder and faster

A) a service.
B) an economic good.
C) a non-durable consumer good.
D) a need.

A) need more than they want.
B) buy things.
C) have unlimited resources.
D) make things.

A) want more than we can afford.
B) need more than we can afford.
C) have unlimited resources.
D) make more than we have to.

A) want.
B) a consumer good.
C) an economic good.
D) need.

A) book.
B) Xbox.
C) surfboard.
D) mobile phone.

A) consumer of a service.
B) producer.
C) user of resources to make capital goods.
D) trader.

A) goods and services.
B) free goods.
C) resources.
D) final products.

A) Economies have become less complex throughout history.
B) Economics is about the decisions that we make every day
C) Scarcity is only a problem for poor countries.
D) All goods produced by a society are consumer goods.

A) using resources for daily survival
B) the division of labour and specialization
C) limited needs and wants
D) the availability of consumer goods and services

A) Wants are complementary.
B) Wants are recurrent.
C) Wants are competitive.
D) Wants are changeable.