Personal Finance & Economics Review

Personal Finance & Economics Review

3rd Grade

18 Qs

quiz-placeholder

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Personal Finance & Economics Review

Personal Finance & Economics Review

Assessment

Quiz

Other

3rd Grade

Medium

Used 68+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fur-Fari Dog Groomers bathes dogs. When the dog groomer buys shampoo, what role does he have in the economic system?
Producers
Productive 
Consumers
Comparative 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are different types of taxes, such as income tax and sales tax. What is tax?
Money collected by the government
A plan for using money
A car that carries passengers for money
The buying and selling of products 

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of economics?
A.  The United States buys oil for use at home from other countries. 
A.  The government of the United States is divided into three branches.
A.  The United States declared its independence from Great Britain.
A.  The people of the United States come from many different places.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which are usually built by the government with tax money?
Factories
Barber shops
Roads
Grocery stores

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following buildings would MOST LIKELY be paid for by tax money?
Bakery
Gas station
Shopping mall 
Elementary school

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do members of a community have to pay taxes?
To pay for services provided by the government
So that people do not have to pay for their family's groceries
To pay for everything people want
So that people can buy a new car

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are paid for by taxes EXCEPT
The police force
The fire department
Beauty shop
Parks 

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