Economics Quiz Review

Economics Quiz Review

2nd - 5th Grade

45 Qs

quiz-placeholder

Similar activities

CSNJ pregunta

CSNJ pregunta

1st - 12th Grade

40 Qs

Social Studies Review

Social Studies Review

5th Grade

46 Qs

Pt 4 social revision

Pt 4 social revision

4th - 6th Grade

46 Qs

5th Grade End of Year Review #2

5th Grade End of Year Review #2

5th Grade

50 Qs

Early Hunters & Gatherers

Early Hunters & Gatherers

5th - 6th Grade

40 Qs

Famous Americans Review

Famous Americans Review

2nd - 3rd Grade

50 Qs

Ch. 7 Test - The Late Middle Ages & The Renaissance

Ch. 7 Test - The Late Middle Ages & The Renaissance

5th - 8th Grade

40 Qs

T3 M1 Reviewer in Civics

T3 M1 Reviewer in Civics

4th Grade

40 Qs

Economics Quiz Review

Economics Quiz Review

Assessment

Quiz

Social Studies

2nd - 5th Grade

Medium

Created by

Rebekah Arnett

Used 5+ times

FREE Resource

45 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Making goods or providing a service

production

scarcity

command economy

first come, first served

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much consumers are willing and able to buy

division of labor

interdependent

opportunity cost

demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Not being able to have all of the things we want because our "wants" are greater than the supply of things that resources can provide

scarcity

supply

demand

competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of a good or service that is available to consumers

scarcity

command economy

supply

first come, first served

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tom grows vegetables and sells them to the local neighbors. They have always liked Tom's vegetables, but a new grocery store opened around the corner. The store sells vegetables too, and many of Tom's neighbors shop there instead. This means that the demand of Tom's vegetables has gone down.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

People and businesses who use resources to make goods and services

producers

consumers

resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

People who buy or use goods and services to satisfy their personal needs and wants

consumers

producers

resources

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?