Personal Finances & Economics

Personal Finances & Economics

3rd Grade

18 Qs

quiz-placeholder

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Personal Finances & Economics

Personal Finances & Economics

Assessment

Quiz

Social Studies

3rd Grade

Medium

Created by

Briana Brisco

Used 31+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fur-Fari Dog Groomers bathes dogs. When the dog groomer buys shampoo, what role does he have in the economic system?
Producers
Productive 
Consumers
Comparative 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are different types of taxes, such as income tax and sales tax. What is tax?
Money collected by the government
A plan for using money
A car that carries passengers for money
The buying and selling of products 

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which are usually built by the government with tax money?
Factories
Barber shops
Roads
Grocery stores

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following buildings would MOST LIKELY be paid for by tax money?
Bakery
Gas station
Shopping mall 
Elementary school

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do members of a community have to pay taxes?
To pay for services provided by the government
So that people do not have to pay for their family's groceries
To pay for everything people want
So that people can buy a new car

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some examples of Human Resources?

Oil, water, plants

chef, teacher, construction worker

Machines, tools, buildings

Producers, consumers, taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one lists examples of Natural Resources?

Producers, consumers, taxes
Machines, tools, buildings
Oil, water, plants
Skills, knowledge, labor

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