Young Ameritowne Final Test Practice

Young Ameritowne Final Test Practice

5th Grade

30 Qs

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Young Ameritowne Final Test Practice

Young Ameritowne Final Test Practice

Assessment

Quiz

Other

5th Grade

Practice Problem

Medium

Created by

Corey Meurer-Lynn

Used 17+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of the ways people produce, distribute, and consume goods and services is the definition of:

Entrepreneur

Economics

Investment

Resource

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of the flow of money in the economic cycle?

A business sells a product to a consumer.

A business pays its employees for their work.

A company goes out of business.

A consumer buys goods from a business.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business provides goods to consumers?

A doctor.

A computer technician.

A grocery store.

A hair stylist.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If bad weather causes most of the orange trees to die, the price of orange juice will probably rise.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If bad weather causes most of the orange trees to die, the price of orange juice will probably rise.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For a business to be successful, it is important to know_____________.

How much consumers are willing to save.

People with a lot of money.

Which goods were popular a long time ago.

What consumers want to buy and how much they are willing to spend.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a service:

A jewelry store sells a bracelet.

A bank cashes a check for an account holder.

A clothing store sells a T-shirt.

A bookstore sells a book.

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