Economics - Being a Responsible Spender

Economics - Being a Responsible Spender

4th Grade

16 Qs

quiz-placeholder

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Assessment

Quiz

Social Studies

4th Grade

Hard

Created by

Carolyn Neal-stephens

Used 14+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An exchange that benefits both parties.

trade

opportunity cost

scarcity

voluntary exchange

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

short in supply; shortage

barter

economy

scarcity

budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

From 1803 to 1890, the United States exploded with growth. It spread out from coast to coast, becoming one of the biggest countries in the world.

The Westward Expansion

The American Revolution

The Civil War

Voter's Rights

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

trading one thing for another without using money

price incentive

barter

needs

wants

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a plan for using money

opportunity cost

wants

budget

Industrial Revolution

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things that we must have in order to survive ​

budget

wants

technology

needs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

things that we would like to have, but that are not necessary for survival

opportunity cost

wants

specialization

economy

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