
Economics Review
Quiz
•
Other
•
3rd - 5th Grade
•
Medium
Candy Hall
Used 3+ times
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Workers are paid _____________ for the work they do.
profit
overhead
wages
exports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ is a term used to describe a very low supply.
scarcity
producer
factory
bartering
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form of trade in which goods or services are traded for something other than money is called___________.
wages
profit
bartering
import
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ____________ is someone who makes or sells a product.
consumer
producer
import
factory
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A __________ is someone who buys a good or service.
consumer
producer
profit
factory
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money that is left after all of the overhead has been paid is known as the __________.
producer
bartering
profit
export
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To __________ means to buy goods and services from sellers in other countries.
scarcity
import
bartering
producer
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