CC 5: Economics 5.1
Authored by Maureen Roberts
Social Studies
5th Grade
10 Questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of how people meet their wants and needs.
Population
Economics
Transportation
Climate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Having a limited quantity of resources to meet unlimited wants.
Scarcity
Demand
Producers
Consumers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The cost of what you have to give up.
Supply
Marginal Cost
Opportunity Cost
Demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The desire for a certain good or service.
Supply
Demand
Incentive
Scarcity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of goods or services available.
Demand
Consumers
Supply
Producers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People or businesses that make and sell products
Producers
Supply
Consumers
Demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People or businesses that buy products
Producers
Economers
Consumers
Factors
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