This medium-level worksheet has students fill in blanks, and match items from two columns to practice economics: supply & demand skills.
It includes 10 questions across 2 sections for focused practice.
Style:
Economics: Supply & Demand
Part A: Fill in the Blank
Write the missing word or number on each line.
1. When countries rely on each other for goods and services, it is called economic interdependence.
2. Forests, rivers, and minerals are all examples of natural resources.
3. In a command economy, the government makes most of the decisions about what to produce.
4. In a market economy, supply and demand help decide what goods are produced.
5. Workers, teachers, and doctors are all considered human resources.
6. A mixed economy combines features of both market and command systems.
7. Resources that can be replaced over time, like trees and fish, are called renewable.
8. Oil and coal are nonrenewable resources because they take millions of years to form.
9. The United States has a mixed economy because both businesses and the government play a role.
Part B: Matching
Match each item on the left to the correct answer on the right.
1. Match each item to its correct answer.
Natural resource
→ water from a river
countries relying on each other
Human resource
→ a teacher in a classroom
a tractor used on a farm
Capital resource
→ a tractor used on a farm
a teacher in a classroom
Interdependence
→ countries relying on each other
water from a river
Economics: Supply & Demand
★ Part A: Fill in the Blank
Write the missing word or number on each line.
1) When countries rely on each other for goods and services, it is called economic interdependence.
2) Forests, rivers, and minerals are all examples of natural resources.
3) In a command economy, the government makes most of the decisions about what to produce.
4) In a market economy, supply and demand help decide what goods are produced.
5) Workers, teachers, and doctors are all considered human resources.
6) A mixed economy combines features of both market and command systems.
7) Resources that can be replaced over time, like trees and fish, are called renewable.
8) Oil and coal are nonrenewable resources because they take millions of years to form.
9) The United States has a mixed economy because both businesses and the government play a role.
★ Part B: Matching
Match each item on the left to the correct answer on the right.
1) Match each item to its correct answer.
Natural resource
→ water from a river
countries relying on each other
Human resource
→ a teacher in a classroom
a tractor used on a farm
Capital resource
→ a tractor used on a farm
a teacher in a classroom
Interdependence
→ countries relying on each other
water from a river
Ready to Practice?
Complete each section carefully.
10 Questions
10-15 minutes
Auto-graded
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