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What is the Economy

Authored by Christopher Riggleman

Social Studies

4th Grade

Used 7+ times

What is the Economy
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15 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Pick all the items that are a need.

video games

water

sports

food

vacation

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Pick all the items that are a want.

shoes

backpack

dance class

home

water

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a producer?

someone who makes a good or service

someone who buys a good or service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consumer?

Someone who makes a good or service

Someone who buys a good or service

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a consumer is someone who makes tennis balls.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a producer is someone who makes tennis balls.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a free enterprise system?

all products are free to consumers

producers have the right to create any good or service

the government tells people what to buy

the producers have to make what the government tells them to make

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