Economics Jeopardy

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Jeopardy
Resources Resources Goods &
1
2
Services
Type of
economy
Misc.
Q $100
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Q $500
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Final Jeopardy
$100 Question
What is a worker in a factory?
$100 Answer
A worker in a factory is a
Human Resource.
$200 Question
What is a tree?
$200 Answer
A tree is a Natural Resource.
$300 Question
What is Mr. Cookie Baker?
$300 Answer
Mr. Cookie baker is a
Human Resource.
$400 Question
What is a pizza oven?
$400 Answer
A pizza oven is a Capital Resource.
$500 Question
Which resource is a dump truck?
$500 Answer
A dump truck is a Capital Resource.
$100 Question
What are money, tools,
and equipment?
$100 Answer
Money, tools, and equipment are
Capital Resources.
$200 Question
What was Mr. Cookie Baker’s
Oven?
$200 Answer
Mr. Cookie Baker’s oven was
a Capital Resource.
$300 Question
What are important capital
resources of a farmer?
$300 Answer
Capital resources of a farmer
are the farm equipment.
$400 Question
What resource was
Mr. Cookie Baker?
$400 Answer
Mr. Cookie Baker was a
Human Resource.
$500 Question
What Natural Resources are
important for the farmer?
$500 Answer
The Farmer’s Natural Resources
that are important to him are
soil and water.
$100 Question
Is a teacher a good or does a
teacher provide a service?
$100 Answer
A teacher provides a service.
$200 Question
Is a computer a good or a service?
$200 Answer
A computer is a good.
$300 Question
Is a house a good or a service?
$300 Answer
A house is a good.
$400 Question
Is a nurse a good or does a
nurse provide a service?
$400 Answer
A nurse provides a service.
$500 Question
Is an artist and the painting a good
or a service?
$500 Answer
The artist provides a service,
and the painting is a good.
$100 Question
I go to Kroger to purchase groceries,
what kind of economy is that?
$100 Answer
It is a money economy.
$200 Question
Pilgrims traded with the First
Americans, what kind of economy
was that?
$200 Answer
The Pilgrims trading with the
First Americans was a barter
economy.
$300 Question
Bobby traded his baseball cards
for a new pair of shoes. What just
happened here?
$300 Answer
They bartered with each other.
$400 Question
What economy uses cash?
$400 Answer
The economy that uses cash is a
Monitary (money) Economy.
$500 Question
You go to the store with $3.00.
You have just enough money to
buy a model or a game. What do
you make?
$500 Answer
When you choose what to buy,
you’re making an Economic
Choice.
$100 Question
There is not enough new
Extra bouncy balls at Walmart
for the people who want to purchase
them. What is this called?
$100 Answer
When there is not enough of
something it is called a scarcity.
$200 Question
I want both the dress and shoes.
I only purchase the dress. What
do you call the shoes?
$200 Answer
The shoes are my opportunity cost.
$300 Question
What do you call a person
who makes a good?
$300 Answer
A person who makes a good is
a producer.
$400 Question
What do you call a person who
buys goods in a store?
$400 Answer
A person who buys goods at
a store is a consumer.
$500 Question
What are workers who make a good?
$500 Answer
Workers who make goods are
called producers.
Final Jeopardy
Explain the difference between a need
and a want.
Final Jeopardy Answer
A need is something you must have
in order to survive.
A want is something you would
really like to have, but you will
live without it.
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