Economics

Economics

5th - 6th Grade

10 Qs

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Social Studies

5th - 6th Grade

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Created by

Kelly Rushing

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A good or service that is brought into the USA to be sold from another country

import

export

tariff

goods and services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When jobs are given to workers outside of the country because it costs less money for the company to pay the employees.

import

export

outsourcing

tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The amount of a good or service that is available for the consumers.

demand

import

export

supply

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The consumers desire to buy a good or service.

supply

import

export

demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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When there is more than enough of a good or service to equal the number of people who want it.

demand

supply

import

surplus

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When there is NOT enough of a good or service for the number of people who want it.

import

scarcity

surplus

demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When what we import into our country matches ( balances) the same cost $$ of what we export to other countries

balance of trade

import

scarcity

surplus

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