
Making Choices and Saving SOL 1.7 - 1.9
Authored by Shaba Bell
Social Studies
1st Grade
Used 10+ times

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11 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Why do people save money?
They like to spend paper bills and coins.
They want to buy something later when they have enough money.
They want to sell things before they buy anything.
They can write a check to pay for something.
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Things that people make, buy, or use to satisfy wants are called...
goods
buyers
choices
sellers
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What happens when people cannot have all the goods and
services they want?
They sell their goods.
They take somebody else’s goods.
They make a choice.
They find a free service.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
People are consumers when they...
make goods and services
buy or use goods and services
save their money to spend later
know all their choices
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which picture shows a consumer?
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which picture shows a producer?
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When people have a choice to make, what can help them decide?
Thinking about the costs and benefits of the decision
The ideas from a consumer
The ideas from a producer
Charts of goods and services
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