Economics

Economics

4th - 8th Grade

51 Qs

quiz-placeholder

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Economics

Economics

Assessment

Quiz

Social Studies

4th - 8th Grade

Easy

CCSS
RI.4.2, RL.5.1, RI.6.2

+5

Standards-aligned

Created by

Ananya Anchlia

Used 10+ times

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51 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A garbage truck driver is an example of which Factor of Production?

labor
land
entrepreneurship
capital

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The following items (accountant's computer, carpenter's drill, and a tailor's sewing machine) are all examples of which factor of production?

capital
entrepreneurshipt
land
labor

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The term "factors of production" means:

things or skills needed to produce goods or services
how we spend our money
the resources of the government
how society creates jobs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Iron, minerals, coal and plants are examples of which productive resource?

land
labor
entrepreneurship
capital

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term, "land" means:

The natural resources used to produce goods or services.
Work the people do to produce goods and services.
Goods not created for their own use, but to make other goods/services.
Person who organizes the factors of production to produce goods/services; business owners.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term, "labor" means:

Work the people do to produce goods and services.
The natural resources used to produce goods or services.
Person who organizes the factors of production to produce goods/services; business owners.
Goods not created for their own use, but to make other goods/services.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What resource is this?

natural resource
human resource
capital resource

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