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Economics Third Grade

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3rd Grade

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Economics Third Grade
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7 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When are you a part of the economy?

When you buy or sell something
When you budget your money
When you go see a movie
All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a producer?

Someone who buys goods.
Someone who sells goods. 
Someone who saves money.
Someone shops in a store. 

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a service?

buying lunch
going to see a movie
visiting the doctor
buying new shoes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a want?

water
clothing
iPad
shelter

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you purchase something at a store are you a producer or consumer?

consumer
producer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When there is not enough of a certian good this is known as?

economics
scarcity
services
goods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All businesses have a goal of earning money. What is the money they earn called?

scarcity
economics
profit
services

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