scarcity

scarcity

2nd Grade

16 Qs

quiz-placeholder

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scarcity

scarcity

Assessment

Quiz

Social Studies

2nd Grade

Hard

Created by

Greshyn Mckenzie

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Scarcity means:

Too much of something you wanted

The exact amount of something you wanted

Not enough of something you wanted

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Not having enough of something is called _________.
choices
benefit
opportunity cost
scarcity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Every time we go shopping we make _______.
choices
money
products

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

(Choose Two)

You want to buy a toy at the store, this is an example of _________________.

supply

demand

goods

services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply is something that someone _________________.

wants

has

needs

likes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When many people want a good or service the demand is _____________.

high

low

normal

zero

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A consumer is someone who ______________.

buys something

sells something

trades something

steals something

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