
Understanding Our Economy
Authored by Katie Carroll
Social Studies
2nd - 3rd Grade
Used 43+ times

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27 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Items that can be used, seen, or touched are called...
Services
Goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tasks that you pay someone to do for you are called...
Goods
Services
Jobs
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Getting your hair cut is an example of a...
economy
good
service
scarcity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Clothing, books, and toys are all examples of...
services
goods
economy
scarcity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A place where buyers and sellers come together is called a...
economy
good
market
services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This can happen because people want more things than they can have...
scarcity
services
market
goods
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The system in which goods and services are bought and sold is called...
the economy
the services
the business
the goods
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