Search Header Logo

Economics 4th Grade

Authored by Reece Tiffany

Social Studies

4th Grade

Used 37+ times

Economics 4th Grade
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of a natural resource?

factories

doctors

water

money

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of capital resources

oil

factories

doctors

water

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of human resources?

money

factories

water

doctors

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Within a market economy, consumers do which of the following?

set their own tax rates

shop around for the best value

shop exclusively at specialty markets

spend their money only in the United States

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are the three characteristics of a market economy?

competition, business, and buyers

specialization, sellers, and supply

consumer sovereignty, competition, and private property rights

incentives, producers, and profit

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a business makes more money than it takes to run the business, what is the extra

money called?

producers

tax

profit

incentives

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is it called when more than one business sells the same goods or services?

competition

demand

resources

income

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?