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Economics

Authored by Mrs. Harris

Social Studies

3rd Grade

Used 50+ times

Economics
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________________ are resources found in nature to make a good.

Capital Resource

Human Resource

Natural Resource

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______________ are people working to make goods or provide a service.

Capital Resource

Human Resource

Natural Resource

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ are goods made by people and used to produce more goods and services.

Capital Resource

Human Resource

Natural Resource

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Work that someone does for somebody is called _________.

Good

Service

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________________________ is the choice that is made when given multiple options.

Resource

Economic Choice

Opportunity Cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I can either buy new shoes or a new bookbag. I chose to buy the new shoes. The shoes are my ________.

Economic Choice

Opportunity Cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I can either buy new shoes or a new bookbag. I chose to buy the new shoes. The bookbag is my ________.

Economic Choice

Opportunity Cost

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