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Economics - Unit 4

Authored by Carmen Garcia

Social Studies

5th Grade

Used 4+ times

Economics - Unit 4
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which IS NOT an example of goods and services?

Paying for a Chick fil-a meal

Having your car checked by a mechanic

Buying more medicine at CVS

Napping two more hours on a weekend.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is an example of a TRADITIONAL Economy?

Buying a movie ticket and popcorn

The store runs out of my favorite candy and government won't buy more

Borrowing my friend's marker

Trading my pen for my friend's marker

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

North Korea is an example of a ________

Free Market Economy

Mixed Economy

Command Economy

Traditional Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A market that is based on supply and demand is ________

Farmer's Market

Free Market

Free Delivery

Traditional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which is part of the ECONOMIC SYSTEM?

Banks

Trade

Money

All of them

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a combination of free market with some actions from government?

Mixed Economy

Command Economy

Free Market Ecoomy

Traditional Economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If my friend will change their PS4 for my Nike shoes, that's an example of a _______

Free Market Economy

Traditional Economy

Command Economy

Mixed Economy

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