SS Chapter 2, Lesson 3

SS Chapter 2, Lesson 3

4th Grade

8 Qs

quiz-placeholder

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SS Chapter 2, Lesson 3

SS Chapter 2, Lesson 3

Assessment

Quiz

Social Studies

4th Grade

Easy

Created by

Rebecca Dubois

Used 10+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money left over after all costs have been paid

economy

profit

supply

free market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an economy in which people start almost any kind of business and run it however they choose

demand

supply

profit

free market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the human, natural, and capital resources that a business needs to produce goods or services

free market

service industry

profit

factors of production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the way a people in a place or region use resources to meet their needs

economy

government

proft

supply

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

making of goods from raw materials by hand or by machines

demand

economy

manufacturing

free market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

available amount of a product or service that is offered for sale

demand

supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the need or desire for a good or service

supply

demand

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

businesses that DO things for people instead of making things

manufacturing

service industry

free market

factors of production