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U. S. Economy

Authored by Pam Mosley

Social Studies

5th Grade

U. S. Economy
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5 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Describe the functions of four major sectors in the U. S. economy.

Private Business

Government

Consumers

Producers

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Describe the private business function in producing goods and services.

Manufacturing

Retail

Services

Agriculture

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Describe the government function in taxation and providing certain public goods and public services.

Tax Collection

Public Infrastructure

Social Welfare

Education

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Describe how consumers and producers interact in the U. S. economy.

Buying and Selling

Supply and Demand

Market Transactions

Competition

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Describe how people earn income by selling their labor to businesses.

Wages

Salaries

Benefits

Commissions

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Google

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Email

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Classlink

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Microsoft

Microsoft

Apple

Apple

Others

Others

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