First Grade Economics Review
Authored by LAQUITA COVINGTON
Social Studies
1st - 2nd Grade
Used 10+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
True or False:
Income is money you earn from working?
True
False
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
True or False:
Income helps to pay for wants and needs.
True
False
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
True or False:
Goods and services are always free.
True
False
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
True or False:
People can be both producers and consumers.
True
False
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is something you need to live?
candy or water
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which is a natural resources?
soil or clothes
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If someone doesn't buy anything with their money what are they doing?
saving or spending
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