
Economics
Quiz
•
Social Studies
•
2nd Grade
•
Medium
stephania emile
Used 18+ times
FREE Resource
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44 questions
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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
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
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
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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