Search Header Logo

Economics

Authored by Sally Warburton

Social Studies

2nd - 3rd Grade

Used 3+ times

Economics
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is opportunity cost?

the choice that is given up

what you pick

money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is economic choice?

what you did not pick

the choice that is made

cash

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is scarcity?

we have too much stuff

everything is gone

when we do not have the ability to

satisfy all of our wants because of

limited resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You have time to only go on one more ride at the amusement park, the roller coaster or the bumper cars. You pick the roller coaster. What was your economic choice?

Your economic choice is the roller coaster

the bumper cars is your economic choice

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You go to an ice cream shop. You can have strawberry ice cream or chocolate ice cream. Your economic choice is chocolate ice cream. your (blank) is strawberry ice cream.

opportunity cost

scarcity

limit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you make and sell cookies, are you a producer or consumer?

producer

consumer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you go to the Food Lion for your groceries, are you a producer or consumer?

producer

consumer

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?