
Economics Review
Quiz
•
Social Studies
•
5th Grade
•
Hard
Chantay Milford
Used 28+ times
FREE Resource
Enhance your content in a minute
34 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following describes an opportunity cost?
Amal buys lemonade.
Ella eats the lunch she packed at home.
Marcos buys a hot dog and a bag of popcorn.
Sam chooses to buy an ice cream sandwich instead of a cone.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the 1860's many people decided to move west and become cattle ranchers. What is the most likely reason they did this?
They believed they could get a lot of land for low price.
They were motivated by the idea of operating a large ranch.
They thought they could drive up the price of beef and make a lot of money.
They thought ranchers would help improve the economy for many Americans.
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What were some of the benefits of Henry Ford's assembly line? Choose two of the following.
lower costs of raw materials
increased productivity
longer work days
lower prices of cars for consumers
faster cars
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Panama Canal affect trade?
It helps coordinate trade agreements between different nations.
It makes trade difficult in markets on the west coast.
It increases trade between different regions of the world because it is easier to transport goods from one place to another.
It makes trade easier, because it makes it easier for people to travel to other regions of the world in order to buy the goods themselves.
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
How do households contribute to the economy of the United States? Choose three of the following.
They create the demand for goods.
They create the supply of goods.
They supply employees for businesses.
They spend revenue that supports businesses.
They create laws to govern spending.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gas stations sell gas to the American public. What is this an example of?
banks
charity
national government
private business
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are some benefits of keeping money in a bank? Choose two of the following.
Banks charge fees for their services.
Banks protect your money for you.
Bankers are friendly and helpful.
Banks allow customers access to unlimited funds.
banks pay customers interest on their savings.
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
34 questions
World War II
Quiz
•
5th Grade
30 questions
World War II 5th Grade
Quiz
•
5th Grade
30 questions
SS Y5
Quiz
•
4th - 5th Grade
33 questions
SS6 UT3 AL-ANDALUS & CHRISTIANS
Quiz
•
4th - 6th Grade
30 questions
US1.6c Key People & Events of the American Revolution
Quiz
•
5th - 10th Grade
39 questions
Virginia Studies VS 2
Quiz
•
4th - 5th Grade
30 questions
Kenalilah nama- nama Ibukota dan propinsi di Indonesia!
Quiz
•
4th - 5th Grade
33 questions
Koronawirus SARS-CoV-2 i choroba COVID-19
Quiz
•
5th - 8th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Social Studies
11 questions
Groundhog Day
Quiz
•
5th Grade
20 questions
Causes of the American Revolution
Quiz
•
5th Grade
24 questions
Midwest States and Capitals
Quiz
•
5th Grade
4 questions
BHM Intro
Lesson
•
2nd - 8th Grade
20 questions
Wants Vs Needs
Quiz
•
5th Grade
30 questions
Unit 6- Westward Expansion
Quiz
•
5th Grade
10 questions
Exploring the Impact of the Industrial Revolution
Interactive video
•
5th Grade
5 questions
Nonfiction Text Features Lesson
Lesson
•
3rd - 5th Grade
