Social Studies Weekly 5th Grade  "Economic Principles"

Social Studies Weekly 5th Grade "Economic Principles"

5th Grade

22 Qs

quiz-placeholder

Similar activities

Població i economia

Població i economia

5th Grade

20 Qs

Ecuador intercultural y gobiernos locales 5to

Ecuador intercultural y gobiernos locales 5to

5th Grade

20 Qs

Studies Weekly: Week 17 Industrial Revolution

Studies Weekly: Week 17 Industrial Revolution

5th Grade

18 Qs

KONFLIK DAN STRES

KONFLIK DAN STRES

4th - 6th Grade

20 Qs

Civilization of Early India

Civilization of Early India

5th - 8th Grade

20 Qs

Tema 8 sub tema 1 dan jaring jaring kelas 5

Tema 8 sub tema 1 dan jaring jaring kelas 5

5th Grade

20 Qs

Customer service Team Building and Effective Communication

Customer service Team Building and Effective Communication

5th Grade - University

20 Qs

Our Asian Neighbours

Our Asian Neighbours

5th - 7th Grade

20 Qs

Social Studies Weekly 5th Grade  "Economic Principles"

Social Studies Weekly 5th Grade "Economic Principles"

Assessment

Quiz

Social Studies

5th Grade

Hard

Created by

Patty Cookson

Used 34+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________________ is someone who makes a good or provides a service.

consumer

producer

economist

supplier

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who buy goods and services are called ______________.

producer

consumer

economist

supplier

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a consumer doesn't buy enough of a good or service it may cause producers to _________ the cost of it.

increase

remove

decrease

cancel

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Both producers and consumers affect the price of goods and services?

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If consumers are buying too much of a product the producer may _____________ the price of the product

decrease

increase

not change

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ is the amount of product that is available.

Supply

Demand

Surplus

Scarcity/shortage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________ is the amount of product people actually want or need.

Supply

Demand

Suplus

Scarcity/shortage

Create a free account and access millions of resources

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

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?