Money Matters Unit 1 Test Review
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Supplies of value for production
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| show | Those who buy or use goods and services are a ...
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| show | Items that are produced, sold, and bought by consumers
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| Producer | show 🗑
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| Scarce | show 🗑
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| Service | show 🗑
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| show | The amount of need or interest in a product or service
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| show | To distribute something among those who need or want it
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| Value | show 🗑
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| Nonrenewable Resource | show 🗑
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| Renewable Resource | show 🗑
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| show | The idea that all resources are limited and insufficient to meet unlimited wants and needs
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| show | Restricted within boundaries
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| show | Resources needed to produce a good service
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| Needs | show 🗑
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| show | goods that are desired despite not being needed for survival
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| Opportunity cost | show 🗑
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| Revenue | show 🗑
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| Profit | show 🗑
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| Production Cost | show 🗑
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| Production Possibility Curve | show 🗑
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| show | An economy that operates without imports or exports as part of a self-sufficient community
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| show | An economy that has some government intervention
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| show | To govern by providing guides and limitations
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| Command economy | show 🗑
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| Traditional economy | show 🗑
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| show | An economy in which goods are produced and sold privately, with no government interaction
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| Income | show 🗑
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| show | The right to possess something
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| Private Property | show 🗑
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| show | Land or goods owned by the government
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| show | What happens when two or more parties seek the same prize or benefit
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| Restrict | show 🗑
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| Free enterprise | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
coach_fletcher
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