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Economics
Quiz
•
Other
•
3rd Grade
•
Easy
Katherine Kibler
Used 2+ times
FREE Resource
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15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something people need or want
Service
Goods
Supply
Want
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that someone else does for you
Service
Goods
Specialization
Want
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is it called when you exchange something for a good or service?
Buy
Economic Choice
Trade
Deman
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When people focus on the production of selected goods and services
Economic Choice
Trade
Specialization
Trade
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What you choose to purchase
Economic Choice
Opportunity Cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Once you have chosen what you will buy this is what you give up
Economic Choice
Opportunity Cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much of a good or service is produced
Supply
Demand
Producer
Consumer
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