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Acquiring Goods and Services Using Barter and Money

Acquiring Goods and Services Using Barter and Money. SOL 2.8 Review. What term is used to describe the exchange of goods and services without the use of money?. Debt Saving Barter Credit. Sorry! Try Again!. Correct!.

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Acquiring Goods and Services Using Barter and Money

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  1. Acquiring Goods and Services Using Barter and Money SOL 2.8Review

  2. What term is used to describe the exchange of goods and services without the use of money? Debt Saving Barter Credit

  3. Sorry! Try Again!

  4. Correct!

  5. What term describes coins and paper bills used in the exchange for goods and services? Credit Money Debt Barter

  6. Sorry! Try Again!

  7. Correct!

  8. Peggy and Bev want to go ice-skating. If they clean out the garage, their mother will accept their chores as payment for the ice-skating. What is this type of exchange called? Money Credit Coins Barter

  9. Sorry! Try Again!

  10. Correct!

  11. Mike used all of his coins in his piggy bank to buy a toy. What is this type of exchange called? Money Credit Coins Barter

  12. Sorry! Try Again!

  13. Correct!

  14. Not being able to meet all wants at the same time is known as __________. money scarcity barter credit

  15. Sorry! Try Again!

  16. Correct!

  17. What term describes a person who uses goods and services? Scarcity Human Resource Consumer Savings

  18. Sorry! Try Again!

  19. Correct!!

  20. What term describes a person who uses resources to make other goods and or provide services? Cost Barter Scarcity Producer

  21. Sorry! Try Again!

  22. Correct!!

  23. A worker in a factory that builds chairs is called a _______________. consumer producer banker farmer

  24. Sorry! Try Again!

  25. Correct!!

  26. A person who shops at the clothing store is called a ____________. consumer natural resource capital resource producer

  27. Sorry! Try Again!

  28. Correct!!

  29. At recess, the class has three playground balls for 21 students. This is an example of ___________. barter money scarcity resource

  30. Sorry! Try Again!

  31. Correct!!

  32. When a person visits the dentist for a check up, the dentist is ____________. producing a good providing a service displaying scarcity using barter

  33. Sorry! Try Again!

  34. Correct!!

  35. The students made popcorn to sell at the fair. The popcorn is a _________. service scarcity barter good

  36. Sorry! Try Again!

  37. Correct!!

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