Economics

Economics

5th Grade

23 Qs

quiz-placeholder

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Assessment

Quiz

Social Studies

5th Grade

Medium

Created by

Dannielle Roberts

Used 63+ times

FREE Resource

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do banks do with money?

loan and invest it

invest it and save it

loan it and save it

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is something that banks do for the economy?

make loans

produce goods

provide labor

collect taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital goods are used to

create price incentives

study economics

create consumers goods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumer goods consist of

services

opportunity costs

goods that are made or grown

buying goods and services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where does the government get money to pay for the things that it provides?

wages

sell of goods

taxes

sell of services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can supply and demand help change the price of products?

yes

no

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mark the answer that only contains basic needs

water, milk, food, computer

clothes, shelter, food

phone, computer, car

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