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"The Nation's Economy" Chapter 4-Grade 4

Authored by Sharon Furth

Social Studies

4th Grade

Used 11+ times

"The Nation's Economy" Chapter 4-Grade 4
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20 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The separation of work process into a number of different job.

Producer

Outsourcing

Division of Labor

Profit

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A person who makes a product or service to sell.

Consumer

Producer

Profit

Investor

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The use of public notices to bring notice to a product or a service.

Producer

Advertising

Consumer

Entrepeneur

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The difference between a business's total sales and total expenses.

Profit

Producer

Investor

Entrepeneur

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which is an example of a need?

Food

Soccer ball

Bike

Treehouse

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which is an example of a free market economy?

The government decides which goods and services will be created.

The producer decides which goods and services will be created.

The consumer decides which goods and services will be created.

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How has technology changed communication?

E-mail has made communications faster and cheaper.

Fewer people need to communicate.

Communication is really expensive.

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