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Economics

Economics

Assessment

Presentation

Social Studies

4th Grade

Practice Problem

Medium

Created by

Jennie Melvin

Used 6+ times

FREE Resource

10 Slides • 10 Questions

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Multiple Choice

What is income?

1

The money the government takes.

2

The money you earn at a job

3

Money add to something when you buy it.

4

Something you are charged when you own something.

4

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5

Multiple Choice

What does a budget do?

1

Helps you find a way to make a lot of money.

2

Makes you give away money

3

Helps you figure out where to spend money and helps you save money.

4

Makes you spend money

6

Multiple Choice

How long are you charged interest?

1

Until the loan is paid for.

2

Forever

3

As long as you own the item

4

As long as the bank decides to charge you.

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8

Multiple Select

Select the ways to invest your money:

1

Put it all in a bank and don't ever use it.

2

Buying stock

3

Buying Property

4

Buying valuable medals or gemstones

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10

Multiple Choice

Where did Mr. Duke invest a lot of his money?

1

His brother company

2

Food Lion

3

Duke Telephone Company

4

Duke Power Company

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12

Multiple Choice

What is income tax based on?

1

How much money a person is paid

2

How much money you want to make.

3

How much stuff you buy

4

How much a person loses in a month

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14

Multiple Choice

Which do you NOT have to pay taxes on?

1

Vehicles

2

Things you buy

3

The air you breathe

4

Land and buildings you own

15

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16

Multiple Choice

True or false: National Tax services provide things for people in New York.

1

True

2

False

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18

Multiple Choice

True or False: State tax services provide funds for private schools.

1

True

2

False

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20

Multiple Select

Which two things do counties and cities work together to keep funded?

1

Libraries

2

Wal Mart

3

Parks

4

The roads in South Carolina

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