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Economics

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2nd - 3rd Grade

Used 1+ times

Economics
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When people trade goods or service for something other than money, it is called ______________?

goods

supply

demand

bartering

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A _____________ is someone who MAKES or SELLS a product.

consumer

producer

services

goods

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A __________________ is someone who BUYS a good or service.

consumer

human resource

demand

supply

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Food, toys, and school supplies are all examples of __________.

goods

services

supply

demand

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Haircuts and car washes are examples of _____________.

demand

supply

goods

services

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a lot of people really want to buy an item at the store, that item is in high _______________.

supply

demand

goods

consumer

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

_____________ is how much a store has of an item.

supply

demand

producer

consumer

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