2. Choose a category. You will be given the answer. You must give the correct question. Click to begin.

3. Click here for Final Jeopardy

4. Review 10 Points 20 Points 30 Points 40 Points 50 Points 10 Points 20 Points 30 Points 40 Points 50 Points 30 Points 40 Points 50 Points Review

5. Things that you wish you could have

6. What is wants?

7. The number of steps in the decision making process

8. What is 5?

9. The amount of money a business has left over after paying for expenses

10. What is profit?

11. A person who purchases/uses goods and services

12. Who is a consumer?

13. Tasks that people or machines perform

14. What is services?

15. Necessary wants

16. What is needs?

17. A shortage of resources

18. What is scarcity?

19. Raw materials found in nature

20. What is natural resources?

21. Oil Rig

22. What is a Capital Resource?

23. Example of a Capitalist country

24. What is The United States of America?

25. Study of how society chooses to use resources to produce and distribute goods and services for people’s consumption

26. What is economics?

27. Bill Gates

28. What is an Entrepreneurial Resource?

29. Example of a Communist Country

30. What is China, N. Korea, etc…?

31. The combination of a command and market economy

32. What is a mixed economy?

33. Quantity of goods and services a consumer is willing to buy at various prices

34. What is demand?

35. GDP

36. What is Gross Domestic Product?

37. The number of people who are able to work but don’t have a job

38. What is the unemployment rate?

39. Amount of goods and services a company is willing to provide

40. What is supply?

41. Time of record prosperity in the United States

42. When is the 1990’s?

43. A general increase in the cost of goods and services

44. What is inflation?

45. The government spends more on programs than it collects in taxes

46. What is budget deficit?

47. Event that sparked great recovery after the great depression

48. What WWII?

49. Amount of goods and services the average citizen can buy

50. What is the standard of living?

51. October 29, 1929

52. What is “Black Tuesday” Stock Market crash?

53. The 4 Phases of the Business Cycle

54. What is Prosperity, Recession, Depression, Recovery?