Personal Finance Quiz

Personal Finance Quiz

2nd Grade

13 Qs

quiz-placeholder

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Personal Finance Quiz

Personal Finance Quiz

Assessment

Quiz

Social Studies

2nd Grade

Medium

Created by

Ashley Hashiguchi

Used 189+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is Scarcity?

ways that goods and services can be distributed

Resource that goes to the person who is randomly selected

Limited number of Resources

to trade or barder

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Goods are...

items you can buy such as food ,toys, and clothes

jobs that people provide for other people

limited number of resources

ways that goods or services are distributed

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Barter is another word for...

allocation

trade

goods

services

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Ways that goods and services are distributed

allocation

goods

scarcity

lottery

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Name the Resource Allocation...

Resource goes to those who win an election. People vote and the group with the largest number of votes will win.

Price

Majority

Rule

First Come First Served

Contest

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Name the Resources Allocation...

Instead of one person receiving the good or service, it is shared with others.

Force

Sharing

Contest

Majority Rule

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Name the Resource Allocation:

The winner or recipient of the good or service is chosen randomly.

lottery

personal characteristics

Contest

Sharing

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