Economics Quiz
Social Studies
6th Grade
Used 7+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What happens to the price of goods if the supply decreases and the demand increases?
The price of the good will decrease.
The price of the good will stay the same.
The price of the good will increase.
The good will b given away.
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What happens to the price of a good if the supply increases but the demand decreases?
The price will go down.
The price will go up.
The price will stay the same.
The good will be given away.
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
CHOOSE TWO: What is the effect of a product's price decreasing?
The producer will make more of the product.
The producer will make less of the product.
More consumers will be able to purchase the product.
Less consumers will be able to purchase the product.
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
How much a consumers want a product or service is called?
supply
demand
market fare
quantity
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A general increase in prices is called?
recession
specialization
revenue
inflation
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Most societies have which type of economic system?
Command Economy
Traditional Economy
Market Economy
Mixed Economy
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In this system, consumers and producers make all economic decisions.
Traditional Economy
Mixed Economy
Market Economy
Command Economy
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
