Economics

Economics

2nd Grade

44 Qs

quiz-placeholder

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Economics

Economics

Assessment

Quiz

Social Studies

2nd Grade

Medium

Created by

stephania emile

Used 18+ times

FREE Resource

44 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ are things that people make or use to satisfy their needs and wants.

Goods

Services

Producers

Consumers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________________ are activities that satisfy people’s needs and wants.

Goods

Services

Needs

Wants

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________ are people who use natural resources, human resources, and capital resources to make goods or provide services.

Producers

Services

Goods

Resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________________ are people who use services or buy goods.

Producers

Resources

Pretty

Consumers

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Which of these examples is a service?

Mr. Farr sells guitars.

Mr. Swenson gives art supplies to consumers.

Coach provides lessons for different sports.

Ms. Miller writes books.

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Jenny has hundreds of stuffed animals to sell. The stuffed animals are considered the _________.

supply

demand

buyer

seller

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Why would a business want to spend their money to invent new items?

They can save money

They will fix broken items

They can buy cool goods

They can make new goods to sell

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