Economics Review

Economics Review

3rd Grade

9 Qs

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Economics Review

Economics Review

Assessment

Quiz

Social Studies

3rd Grade

Medium

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A human resource is...

an item made by humans

a physical/mental service provided by humans

a service provided by technology

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A natural resource is

an item that made up for many different natural materials

only trees

an item that comes from nature

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A capital resource is

a good made by people and used to produce other goods and services

only technology

a resource only the president can use

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A farmer is considered a

natural resource

human resource

capital resource

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A hammer is considered a

natural resource

human resource

capital resource

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A cow is considered a

natural resource

human resource

capital resource

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

An example of interdependence is

Each person in an assembly line depends on all the other people to finish making an item

Each person in an assembly line has ONE job that they specialize in

8.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

An example of specialization is

Everyone in the assembly line doing all the different jobs to create a product

Each person has one specific job they are good at and continues to only do that job during the creation of a product

9.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

Which TWO examples show scarcity?

The forest creatures having enough food to survive.

Darlington Elementary wanting laptops for each student but only have 40 to share among all the classes.

A portion of a forest was cleared to build a mall. Forest animals are having trouble finding places to live and food to eat.

Everyone who went to the store to buy the new game system was able to by a game system. Everyone got what they wanted.