Search Header Logo

Basic Economics

Authored by Athena Frank

Social Studies, Geography

5th - 8th Grade

Used 70+ times

Basic Economics
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics is all about

making money

government controlling resources

making decisions

none of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do economic decisions begin with?

Becoming rich

fulfilling needs and wants

Filing taxes

Graduating high school

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

Select 2 that apply.

Need

Want

Good

Service

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

Fresh water is a limited resource. This is an example of ____________.

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Scarcity can be a result of high demand and might lead to -

higher prices

lower prices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This word means to encourage a behavior or decision.

scarcity

incentive

opportunity cost

economics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This picture shows an example of -

good or service

a positive incentive

scarcity

a negative incentive

Access all questions and much more by creating a free account

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

Already have an account?