Search Header Logo

Economics Preteach Quiz

Authored by ERICA ANDIS

Social Studies

5th Grade

Used 5+ times

Economics Preteach Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of choosing one good or service over another:

Free enterprise

Opportunity Cost

Service

Loss

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money that the government collects from individuals and businesses to pay for public goods and services:

taxes

services

profit

supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When there is a limited amount of something:

loss

supply

scarcity

specialization

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who comes up with a product or service, or a better way to produce one

service

taxes

barter

entrepreneur

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the amount of money a person or company spends is more than the receive or take in

loss

profit

free enterprise

barter

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

anyone who buys a good or service

entrepreneur

producer

consumer

service

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

when people depend on one another

service

good

consumer

interdependence

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?