Economics Study Review

Economics Study Review

4th - 5th Grade

17 Qs

quiz-placeholder

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Economics Study Review

Economics Study Review

Assessment

Quiz

Social Studies

4th - 5th Grade

Easy

Created by

Sara Malone

Used 15+ times

FREE Resource

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A limited amount of money that someone earns for their work

Labor

Budget

Income

Savings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A plan for how much money will be spent on each type of item that a person needs

Budget

Income

Opportunity Cost

Comparison Shopping

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If you want to buy something NOT in your budget you can ____ for that item.

save

labor

spend

4.

OPEN ENDED QUESTION

3 mins • Ungraded

Media Image

One reason given to you during class on why people should save their money

Evaluate responses using AI:

OFF

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Most Americans live beyond their _____?

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What a person gives up by choosing one thing over another ( This or That)

Opportunity Cost

Comparison Shopping

Credit Cards

Trade-Off

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Looking for items that are similar to the one you want to buy

Budgets

Opportunity Cost

Comparison Shopping

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