
Test - Economic Systems
Quiz
•
Social Studies
•
5th Grade
•
Practice Problem
•
Easy
Sunday Sinclair
Used 12+ times
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33 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
produces things that people need and want
a. Services
b. Consumers
c. Producers
d. Private Businesses
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A business that creates and sells goods and services.
a. services
b. producer
c. good
d. consumer
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Someone who purchases and uses goods and services.
a. consumer
b. producer
c. private business
d. services
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A product that is exchanged for money.
a. services
b. private businesses
c. good
d. consumer
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A labor that is exchanged for money.
a. good
b. services
c. producer
d. private business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Households are considered consumers.
a. True
b. False
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which is the best example of a private business?
a. a boy purchasing a skateboard
b. a person buyin soapg
c. a restaurant selling soup
d. a person buying gasoline
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