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Economics Quiz

Authored by Daneya Miller

Social Studies

3rd Grade

Used 2+ times

Economics Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a human resource?

Grass

oven

Deer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying or using something that is already made.

Consume

Scarcity

Opportunity Cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Making something new.

Opportunity Cost

Produce

Consume

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When there is not enough of a good or service for everyone.

Scarcity

Consume

Opportunity Cost

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A choice that you give up when you choose something else.

Scarcity

Opportunity Cost

Produce

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of how people use limited resources to make goods and services that people need and want is

scarcity

producing

economics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of renewable energy?

Fire

Gas

Solar

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