Economics Quiz 1
Authored by Carol Garton
Social Studies
4th Grade
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An activity you pay someone to do for you
Needs
Wants
Goods
Services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The thing that you give up when you buy something
Goods
Opportunity Cost
Resources
Wants
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things you must have to survive
Needs
Wants
Goods
Services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something used to produce goods and services
Goods
Services
Resource
Wants
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who makes a good or provides a service
Consumer
Producer
Needs
Wants
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things we like to have but are not necessary to survive
Goods
Services
Needs
Wants
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who buys or uses a good or services
Consumer
Producer
Needs
Wants
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