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Sectors of the Economy

Authored by Carlotta Mitchell

Social Studies

5th Grade

Used 8+ times

Sectors of the Economy
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Monetary mean?

Money or currency

Buying

Selling

Producing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system of exchange whereby one good/service is given in return for another is

Tax

Buying

Bartering

Exchanging

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anyone who creates goods or services that is in need is a

Consumer

Barterer

Consumer

Producer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anyone who buys and good or service is a

Producer

Tax collector

Consumer

Currency

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

New ideas, methods or devices are examples of

Innovation

Production

Good business

Services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bank accounts where you store money you don't need right away but still keep it easily accessible is a

Tax account

Checking account

Savings account

House account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Earning extra money in a savings account is an example of

Bartering

Interest

Investment

Tax

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