
Economics
Quiz
•
Social Studies
•
3rd Grade
•
Medium
Sarah Roth
Used 2+ times
FREE Resource
Enhance your content in a minute
8 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which of these examples is a service?
Mr. Farr sells guitars.
Mr. Swenson gives art supplies to consumers.
Coach provides lessons for different sports.
Ms. Miller writes books.
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Jenny has hundreds of stuffed animals to sell. The stuffed animals are considered the _________.
supply
demand
buyer
seller
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What does it mean when you save money?
You buy a new outfit.
You put money away for later.
You invent a new good.
You give money to help animals.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ are people who use services or buy goods.
Producers
Resources
Pretty
Consumers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______________ resources are materials that come from nature.
Special
Natural
Human
Capital
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ resources are the things that people use to make the goods or provide their services.
Natural
Capital
Company
Human
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The term used when there is not enough of something to go around is __________________.
scarcity
economic choices
resources
opportunity cost
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