Scarcity

Scarcity

1st Grade

15 Qs

quiz-placeholder

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Scarcity

Scarcity

Assessment

Quiz

Social Studies

1st Grade

Medium

Created by

Sharon Turner

Used 9+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If 5 people want an ice-cream, is there a scarcity?

Yes, there is a scarcity.

No, there is not a scarcity.

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

things purchased by consumers

goods

consumer

producer

supply

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who provides a good or service

producer

need

want

consumer

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who purchases a good or service

consumer

taxes

supply

good

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does a farmer provide?

good

service

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does a baby sitter provide ?

good

service

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