Economics

Economics

7th Grade

40 Qs

quiz-placeholder

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Economics

Economics

Assessment

Quiz

Social Studies

7th Grade

Medium

CCSS
RI.6.2, RI.7.2, RL.7.2

+4

Standards-aligned

Created by

Matthew Dunphy

Used 20+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a need?

Nothing
Something you have to have to live
Something you would like to have
Ice cream

Tags

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RL.7.1

CCSS.RL.7.2

CCSS.RL.8.1

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a want?

A person
Something you would like to have but don't need to live
Purple
Something you need to live

Tags

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.6.2

CCSS.RL.7.2

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is a need?

car
water
video games
candy

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is a want?

Legos
air
water
food

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money that remains after all the costs of production have been paid.

Loss
Supply
Profit
Tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that the government collects from individuals and businesses to pay for public goods and services

Profit
Tax
Service
Loss

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of how people choose to use their resources

Incentive
Economics
Entrepreneur
Specialization

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