Economic Choice & Opportunity Cost
Authored by Hunter Post
Social Studies
3rd Grade
Used 32+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the choice that is made among alternatives or possibilities?
Economic choice
Opportunity cost
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is given up when a choice is made?
Economic choice
Opportunity cost
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
You go to Target and pick 2 shirts. You only have enough money for 1 of them. One of them is on sale and the other is full price. You pick the one on sale. What is your economic choice?
Target
The full price shirt
The money
The shirt on sale
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
True or False: All choices require giving up something else.
True
False
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
You have 30 minutes before dinner. You can either draw or play outside. You choose to play outside. Drawing is your ______.
Opportunity cost
Economic choice
6.
OPEN ENDED QUESTION
10 mins • Ungraded
Why do we make economic choices?
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