Economics Summative Test

Economics Summative Test

3rd Grade

28 Qs

quiz-placeholder

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Economics Summative Test

Economics Summative Test

Assessment

Quiz

Social Studies

3rd Grade

Medium

Created by

Stephanie Petak-Marco

Used 1+ times

FREE Resource

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28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is it called when people figure out how much money they have coming in and how much they have to spend money on?

their income

their budget

their vacation

2.

OPEN ENDED QUESTION

5 mins • Ungraded

Why is it important to save money?

Evaluate responses using AI:

OFF

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When people do a job or service for money, they are:

saving money

earning an income

paying money

4.

OPEN ENDED QUESTION

3 mins • Ungraded

How can you save money?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • Ungraded

Tell a good thing about saving money.

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • Ungraded

What is something not so good about saving money?

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Money the bank pays you for keeping your money at their bank:

profit

savings

interest

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