Banks & Credit- iCivics

Banks & Credit- iCivics

7th - 10th Grade

15 Qs

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Banks & Credit- iCivics

Banks & Credit- iCivics

Assessment

Quiz

Social Studies, History

7th - 10th Grade

Medium

Created by

Tess McGill

Used 40+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Can you exchange money for goods and services?

Yes

No

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Does "money" ONLY refer to currency?

Yes

No

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Can you make unlimited withdrawals from a savings account?

Yes

No

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Is it safe to keep your money in the bank?

Yes

No

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Do banks pay people more for savings accounts than they charge for loans?

Yes

No

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Could most people start a business without a loan?

Yes

No

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Does lending make more money available to spend?

Yes

No

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