Economics

Economics

3rd Grade

10 Qs

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Assessment

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Social Studies

3rd Grade

Practice Problem

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Created by

Amy Smith

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10 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The people who buy or purchase goods or services.

services

goods

consumers

producers

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

People that make or produce goods.

services

goods

consumers

producers

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A teacher provides a _______ to his or her students.

service

good

consumer

producer

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A farmer provides _______ such as vegetables for the consumer to buy.

services

goods

consumer

producer

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Supply is how much of something is

available

wanted

needed

cheap

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

_________ is how much of something people want.

supply

demand

services

import

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Items that we must have in order to survive are

wants

needs

taxes

services

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