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SS.Unit 5. Lesson 1. Goods and Services

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2nd - 5th Grade

Used 11+ times

SS.Unit 5. Lesson 1. Goods and Services
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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

________________ are people who buy goods and services.

Consumers

Consumer demand

Limited resources

Supply

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

__________________________ is the number of consumers who needs goods and services.

Consumers

Consumer demand

Limited resources

Supply

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What types of things do consumers need?

clothing

food

housing

all of the above

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A ________________________ is a good that is scarce.

consumer demand

supply

housing

limited resource

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What choice can a consumer make when a limited resource is scarce?

They can buy something else.

They can buy more of the item.

They can pay less for the item.

They can get the item for free.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Saving money is not important.

True

False

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Sophie gets joy for her new bike. Her joy is a _____________ .

cost

money

benefit

toy

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