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Understanding Our Economy

Authored by Katie Carroll

Social Studies

2nd - 3rd Grade

Used 43+ times

Understanding Our Economy
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27 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Items that can be used, seen, or touched are called...

Services

Goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

Clothing, books, and toys are all examples of...

services

goods

economy

scarcity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A place where buyers and sellers come together is called a...

economy

good

market

services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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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