Economics

Economics

5th Grade

•

37 Qs

quiz-placeholder

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Assessment

Quiz

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Other

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5th Grade

•

Easy

Created by

Breanna Kelley

Used 14+ times

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37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Products that are made or manufactured.

services
income
profit
goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jobs done for other people.

services
goods
supply
income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number of goods and services on the market.

supply
goods
demand
profit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People's desires for goods and services.

demand
economy
income
budget

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A situation in which there are not enough goods or services to satisfy all the customers who want them.

scarcity
supply
demand
human resource

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods or services that are required for people to survive.

goods
needs
supply
services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods or services that are not required for people to survive.

needs
scarcity
wants
demand

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