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Economics - Third Grade

Authored by Michelle Schroder

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3rd Grade

Used 765+ times

Economics - Third Grade
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a choice is made and something has to be given up, it is called ____________.

capital resources
scarcity
price
opportunity cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________ makes a product (good) or provides a service for consumers.

consumer
producer
natural resource
price

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A resource that comes from nature such as water and trees is called a ___________ _________.  

natural resource
intermediary resource
capital resource
human resource

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This picture is a ____ resource.

Natural
Human
Capital

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This picture is a ____ resource.

Natural
Human
Capital

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This picture is a ____ resource.

Capital
Human
Natural

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This picture is a ____ resource.

Capital
Human
Natural

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