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Economics Grade 4 ND

Authored by Jamie Putinski

Social Studies

4th Grade

20 Questions

Used 8+ times

Economics Grade 4 ND
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a good?

A need
A baseball game
Things people do for money
Things that people make or grow

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that were not made by humans and are found in nature

natural resources
human resources
capital resources
services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you make a choice among other possible choices you are making an

opportunity cost
economic choice

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Welch family has saved some money.  They can spend it on a vacation to the Grand Canyon or build a swimming pool in their back yard.  They decide to spend the money on a swimming pool.  What is the opportunity cost of their decision?

vacation 
swimming pool 

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a resource needed to make a product?

Capitol Resources

Natural Resources

Human Resources

Consumer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is A Entrepreneur?

Someone who takes the risk to start a business

a child

an employee for a business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is human resource?

skills, knowledge, and labor that people use in their jobs.

resources found in nature

things made by people to help make goods and services.

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