Week 13: Economic Systems

Week 13: Economic Systems

4th Grade

8 Qs

quiz-placeholder

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Week 13: Economic Systems

Week 13: Economic Systems

Assessment

Quiz

Social Studies

4th Grade

Easy

Created by

Julie Evar

Used 1+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What type of of system organizes resources?

ecological

economic

geologic

governement

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a share in a business?

stock

tax

service

bond

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is not having enough of something?

opportunity cost

scarcity

supply

demand

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a surplus?

too many goods

high prices

fewer consumers

increased demand

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a demand?

raising prices

creating goods

providing services

wanting something

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is buying or selling goods or services for something else?

exporting

importing

trading

interdependence

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What are goods sent to another country to be sold?

imports

trades

exports

taxes

8.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

What economy is the oldest?