Economics Study Review
Authored by Sara Malone
Social Studies
4th - 5th Grade
Used 15+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A limited amount of money that someone earns for their work
Labor
Budget
Income
Savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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
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
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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