Economics 4th grade- Terms and Vocab
Authored by Eric Kugler
English
4th Grade
CCSS covered
Used 11+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Workers are paid ______________ for the work they do.
Profit
Scarcity
Bartering
Wages
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
___________ is a term used to describe a very low supply.
Overhead
Profit
Scarcity
Export
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form of trade in which goods are services are traded for
something other than money is called ______________.
Import
Bartering
Producer
Consumer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ___________ is someone who makes or sells a product.
Consumer
Producer
Factory
Profit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ___________ is someone who buys a good or service.
Consumer
Producer
Overhead
Wages
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money that is left after all of the overhead
has been paid is known as the ______________.
Overhead
Profit
Wages
Import
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To ______________ means to buy goods and services
from sellers in other countries.
Import
Export
Factory
Consumer
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
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