Economic Concepts
Major Sector Of The U.S Economy
Unit 4
Christmas
100

What is Scarcity?

not enough resources to produce or purchase goods.

100

What are households made up of?

People

100

In a circuit, what is the purpose of the switch?


to control the flow of energy through the circuit


100

Who is ''Santa Tell Me" by?

Ariana Grande

200

What are natural resources?

Resources from nature used to produce goods and services.

200

What are human resources?

People who provide labor to produce goods and provide services.

200

Is wood a conductor or insulator?

Insulator

200

All I want for Christmas is...

YOU
300

What are productive resources?

Natural resources, Capital goods, Human Resources, Entrepreneurship

300

Specialization is a matter of

Choice

300

What is A Watt?

A measurement of the power

300

Sing the first 2 lines of Jingle bell rock..

Jingle bell, jingle bell, jingle bell rock
Jingle bells swing and jingle bells ring

400

What is standard of living?

The quality of life people live.

400

Private Businesses

Organize natural, human, and capital resources.

400

When a light switch is turned on, the circuit is

Closed

400

How many reindeers does santa have?

9 including rudolph.

500

What is the better choice? Having something that cost or benefit you?

Benefit

500

Types of businesses are:

restaurants

clothing stores 

grocery store

500

Three Forms Of Electricity: 

Current electricity, static electricity, ad bioelectricity

500

Name a Christmas song made by Chris Brown?

This Christmas