Europe Econoimc
Quiz
•
Social Studies
•
6th - 7th Grade
•
Medium
Malynda Corbin
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does GDP do?
measures the unemployment rate
measures the health of a country's economy
measures the strength of the government
measures the amount of debt the country owes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Productive Resources are materials that come from nature: land, forests, minerals, water, etc.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _______________ is someone who takes a risk and starts a new business.
salesman
entrepreneur
lawyer
economist
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does an entrepreneur play in an economic system?
they grow the natural resources of a country
they help the economy by opening up new businesses, creating new jobs, and developing new products
they help the economy by boosting the literacy rate in lower economic areas
they help the economy by creating new trading partners around the world
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a literacy rate?
the rate of speed that a person reads
the percentage of children that can't read and write
the percentage of adults who can read and write
the percentage of lower economic areas that can read and write
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a country's literacy rate impact the economy?
country's with higher literacy rates enjoy a higher standard of living
country's with lower literacy rates work more hours than country's with higher rates
country's with lower literacy rates have higher paying jobs than other countries
country's with a higher literacy rate have more economic issues than country's with lower literacy rates
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is capitol goods?
goods that are exported into the country
goods that are imported into the country
nature made materials such as forest, land, and water
man-made materials that are needed to produce goods and services
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