Introduction to Economics
Authored by Margaret de Leon
Social Studies
3rd Grade
Used 86+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is something essential to staying alive.
wants
needs
services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is something nice to have, but it is not necessary to stay alive.
wants
needs
services
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you buy a good or service, you are a _________________.
seller
consumer
producer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _______________ is a person that makes or grows items or provides a service to others. They have something to sell.
buyer
consumer
producer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Earned money is called _____________.
tax
currency
income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plush toy is a ___________.
good
service
income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A car wash is a ___________.
good
service
income
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