Economics and Personal Finance

Economics and Personal Finance

3rd Grade

13 Qs

quiz-placeholder

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Economics and Personal Finance

Economics and Personal Finance

Assessment

Quiz

Social Studies

3rd Grade

Hard

Created by

Michelle Stape

Used 8+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Amy loaded her truck with vegetables from her farm to sell at the grocery store. Which of the following BEST describes Amy's truck?

land resource

capital resource

natural resource

human resoard

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Will works for Chick-fil-A as a truck driver. What type of resource is Will?

a capital resource

a human resource

a natural resource

an entrepreneurial resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What do human resources provide to businesses?

land

capital (money)

income (money given to them for working)

labor (they work)

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What type of productive resource is grass?

a capital resource

an entrepreneur

a human resource

a natural resource

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

On weekends, John pulls his lawnmower behind his bike and mows peoples' yards for a fee (money). Which of the following BEST describes John?

a natural resource

a capital resource

an entrepreneur

a competitor

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Why do entrepreneurs take risks?

to make a profit (money)

to pay taxes

to get elected

to gain knowledge (to get smart)

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Where does the money come from to pay for a new city park for everyone to use?

the city paid for the park with taxes paid by the citizens

the city collected donations (people give money freely) from the citizens

the mayor paid for it from their own bank account

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