
Economics Review Part 1
Social Studies
3rd Grade
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11 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A person that makes or creates an item to sell.
goods
services
producer
consumer
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A person that buys goods or services is called a
producer
consumer
resource
capital
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a NEED in order to survive?
air
food
shelter
car
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which NEED is missing from the list below:
water, food, clothing, shelter,___________
oxygen
transportation
helmet
chocolate ice cream
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which example shows that it would be a good time to buy some apples because the price will be low?
Buying apples in the winter
Buying apples in the fall
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which example would make the cost of strawberries go up?
There was a drought and very few strawberries were produced.
There was plenty of rain and sunshine and tons of strawberries were produced.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What type of resource is a tree?
capital
human
natural
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